When you're about 18 beers past the legal limit and you're the most sober one in the car that you are driving; and your so excited that you made it home without dying (or worse, a DUI) that you do laps around the traffic circle in your neighborhood. Typically, all of your neighbors will be awoken by headlights flashing in their windows and you're drunk friends cheering.
I can't believe I made it back to Glengarry after drinking a whole case of beers.....let's do victory laps.
by mr. hankey August 26, 2004
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A victory lap involves driving around in order to waste work time while operating a company vehicle. The word has also become associated with wasting time in general, "doing victory laps."Victory laps can be measured in different lengths depending on the amount of time that needs to be wasted.
Driver: Man Nick, we have no work to do and cant clock out for another 45 minutes.

Nick: I suppose we could do a big victory lap around campus.
by John D. Townsend October 30, 2007
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The act of having unprotected intercourse after finding out one is HIV positive.
"Yeah, sure it sucks, Don. But I took a great victory lap with that broad that lives in the basement."
"Oh..."
by Matthew Volpini November 30, 2006
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During sexual intercourse, the act of pulling out at the peak of sexual arousal and running around the partner in a circle, spraying a fountain of gism across the ceiling and walls with the objective of covering the partner in the greatest possible amount of ejaculate.
I almost drowned in Dave's semen during his victory lap.
by victorylapper69* October 16, 2008
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Taking 5 years to finish a 4 year degree. The 5th year counts as your victory lap.

Taking extra time to finish something.
I had 6 more credits before I could graduate, so I had to take a victory lap.

Everyone else finished at 4 o'clock, but I was taking a victory lap and finished at 6.
by Stats Class September 7, 2009
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The lap that you drive around the area you just toked at to let all the smoke out of the windows. This action also claims the area as your smoking area for all to see.
-I saw you driving around my parking lot with smoke billiowing out your windows last night.

-Yea, I was driving my victory lap.
by MrZero March 3, 2011
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When a girl gives a guy a rim job around his anus clockwise, which is opposite of the direction of a traditional race.
My brother won't get rid of that large Beast he is dating because everytime she leaves his house, she gives him a "Polish Victory Lap" before she leaves.
by dong master January 31, 2010
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