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An excuse for doing something rashly. Usually used in a very childish manner and for actions that aren't really that big of a deal. Often used with the shocker hand signal.

Sarah: OMG, I can't believe we just did that thing we just did! #noregrets

Kylie: I know right! No regrets!
excellence, couldnt be betta
guy1: i played dat hunny last nite
guy2: No regret
by prid October 28, 2003