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a jacket you wear to frats because you don't mind if at the end of the night, it is covered in beer, frat sludge, or other unidentifiable liquids. Also, it is not a big deal if this jacket is lost during or stolen during the course of the night.
Person 1: Ah, I made the mistake of bringing my J.Crew pea coat out last night and now its covered in beer!

Person 2: You should have brought your fracket instead!
fracket by MCM pledges '08 January 26, 2008
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Flackets 

General term for the beever blankets or fanny lips/labia beeversnatch
Look at the flackets on that!!
Flackets by Rod Johnson November 10, 2003
Related Words

frackett 

Used to describe a type of person or behaviour.
Not really bad, but only sort of good. Kind of.
"He said he was feeling a little frackett this morning."
"You go over there and act frackett while I'll hide behind that monkey-puzzle tree and then steal her handbag."
frackett by ballpointpenthief September 18, 2008

flackets 

Fanny flaps!!!!
Fuck me, my flackets are itching!
flackets by knerstie fnerstie June 25, 2004
A combination of the words "pocket" and "frock", used to refer, unsurprisingly, to a frock with pockets.
It was Rosa's Wednesday and we were all lookinsupahot in our dresses. We looked so good that no one noticed us leave the restaurant with bulging frockets full of complementary mints.
frockets by Cyd B. October 9, 2007

frackensausage 

can be used to replace the word "fuck" in the phrase "what the fuck"; similar in meaning and usage to the word fuck especially in the effort to be less vulgar
wut da frackensausage
frackensausage by James Zou September 22, 2011

fracketeering 

Shady fraudulent dealings that Big Oil engages in to acquire approval for hydraulic mining.
I hear that X-on and other greedy "big biz" corporations are paying humongous bribes to government officials for permits to hydraulically mine for oil and other valuable resources, even in places where such operations are dangerous to the environment... sounds like a classic case of fracketeering to me.
fracketeering by QuacksO September 8, 2020