b) A film noir popularized by its final line "I'm ready for my close-up, Mr. Deville". Stars William Holden and Gloria Swanson. Won 3 Academy Awards/Oscars. Depicts the story of a desperate writer looking to make a cheap buck but ends up trapped within the web of a femme fatale, a former silent film star who wants to re-attain stardom.
To be used when police show up at a party, people randomly break out various intravenous drugs, someone says something unbearably awkward, or when occupied locations become lame and boring.
Can be used as a noun or verb, depending on the wording of the sentence. When heard anywhere in a sentence the meaning is the same.
Friend #2: "Ummm, yeah did you hear about that party on Sunset Blvd?"
Friend #1: "Let me get my jacket..."