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A term used to describe an incident in which one has been screwed over, injured, robbed, or generally anything negative. Originates from the gym, where a "derack" is when someone removes your weights from the bar while one is still performing the exercise.
Example 1:
Bob: What happened during 9/11?
Carl: Oh nothing, just Al-Qaeda deracked New York City in a solidly executed derack.
Bob: How many lives were deracked?
Carl: 2,996 lives were deracked, to be exact.

Example 2:
George: What's wrong with your cousin's leg?
Sukhbinder: Oh, it got deracked by an IED in Iraq.
George: Oh.

Example 3:

Horatio: What happened to that jewelry store?
Jose: $300,000 worth of jewelry was deracked by a bunch of Colombians, who pawned it off for some premium coke.
derack by khuneytunes July 15, 2014
Related Words

depakote 

A seizure medication that is also used to treat bipolar disorder. It's hell on your liver, which you must get checked regularly via blood test and common side effects include having no energy/sleeping too much, hair loss and weight gain.
"I might look like shit, but I never felt better, all thanks to depakote."
depakote by SumLette February 18, 2010

Depakote 

Depakote Valproate (VPA) and its valproic acid, sodium valproate, and valproate semisodium is an anticonvulsant. It can treat seizures and bipolar disorder. It can also help prevent migraine headaches. Depakote can treat depression and anxiety. It lifts your mood and reduces anxiety. Proposed mechanisms include affecting GABA levels, blocking voltage-gated sodium channels, and inhibiting histone deacetylases.
I took depakote and it lifted my mood and reduced my anxiety. I later got lexapro and another medication added. I'm sleepier sometimes but happy.
Depakote by HawaiianPunch1 August 5, 2021
The act of reversing out from a car park whilst concerned bystanders worry about the closeness of their vehicles.
I'm just watching him depark, he's close to my car.
depark by JonJon April 13, 2005
deaack by Lesli T August 30, 2005
An extremely smart person who gets the job done better than anyone else. Name literally means "wild, crazy, strategic and smart". People never mess with this guy.
one of the sweetest boys you could ever meet.someone who is perfect in every way.
Caring, Sensitive and Artistic. Natural intelligence and humble demeanor. Loyal and trusting. Found to be charming and handsome by many. Requires encouragement and motivation in starting projects, but once inspired completes the most challenging tasks with ease. Cherished by family and much loved by many.
I wish I would be a Depak...they all would come running
Depak by Depak June 22, 2011