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Pertaining to the high school students in their second semester of senior year, it is the act of doing poorly on one's assingment, paper, and or tests.

This does not just go for schoolwork, can be done in all facets of life also.
dude, I totally second semestered that test.

I didnt even read the book, I'm gonna second semester it

I just second semestered that red light
by High Times at New Trier High March 01, 2012