The intentional pouring or far more common spilling of alcohol, most often beer, on oneself or others.
Bro 1: I was slammin back some natties when this bitch bumped into me.

Bro 2: So what happened?

Bro 1: I pabstized the both of us and had to get another brew.

or

Rapper: Get me some crystal so i can pabstize these hoes.
by The_Drunken_Wise_Man December 05, 2010

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