The process by which, people reside at home for it to economically fit for their needs instead opting to go down south.
" Instead of flying to Cuba Tommy and his friends had a staycation at Jim Bob's residence."
by Benji + Katinka March 15, 2009
When you're to poo' to go anywhere on vacation so you stay home.
Damn, we wanted to get a room with a heart shaped bed and a champaign shaped jacuzzi at Mount Airy Lodge but I'm too broke. We'll just do a staycation and stay at home and watch Oprah.
by wtf9999999 July 15, 2008