Portmanteau of the words 'craic' and 'action'. Not to be confused with the word 'craction'.

Craiction can be used to describe activities or events associated with having a good time. Such good times may include consumption of alcoholic beverages, dancing to music, having sexual intercourse, or any number of other debaucherous ongoings.
John: Dude, some craiction is much-needed tonight.

Bob: Yep, I'm feeling that.

John: So what's the plan?

Bob: Start in the Goose, head to the Bull and hook up with some others, then get into Schpunk at the Wedge for about midnight?

John: Schweeeeeeeeeeeet...
by Mr. Duffy April 4, 2011
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