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look up any word, like rule of three:
 
1.
To get really close to succeeding and in the end fail miserably even though success was virtually guaranteed.
The Washington Huskies had a virtual lock on the Apple Cup win, but they Huskied It and lost again.
by Ralph Johnson March 22, 2005
14 18
 
2.
To in the end, blow, an opportunity that seemed a given.

Usually associated with last minute sport losses.
In the end, they huskied it, and lost the game that seemed a sure thing.
by Crimson & Grey March 21, 2005
7 12