Top definition
A vacation that is taken during unpaid furlough days, which you are forced to take because of the crappy economy. Pluses: time off! Minuses: pay cut. But hey, you still have a job.
"So what are you doing on your furloughcation days?" "Oh, I thought I'd work on my guitar solos and maybe play some video games. Woo, furloughcation."
by brassratgirl October 22, 2009
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