look up any word, like sex:
 
1.
the act of graduating and maturing into the real world (getting a 9-5, paying yo own bills, etc)
my cousin is a professional student because he's scared of graduration
by da1andonlybigC June 24, 2007
 
2.
To ration food items at the end of the school year to avoid buying groceries before going home for the summer.
Sam: What's for dinner?

Cam: Mr. Noodles, we're down to gradurations.
by howditgetburned May 08, 2011