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1.
A dubious chore that most college students love to finish.

Specifically, occasions when one goes to clean their clothes with someone else and gets more than the wash done.

In general can be used for any type of hook up.
Dan: "Should I go hang out with Emily tonight?"
Gabe: "Yea man, she's down to do The Laundry!"
..
Maddy: "Do you know where Grace went last nightt?"
Krystal: "She ended up at Michael's"
Maddy: "Yeaah, I hope she got The Laundry done!"
..
Mary went to the frat quad to do The Laundry, and came back wearing clothes that were particularly clean, if you know what I mean.
by RVA403 October 15, 2010