1 definition by Cam "yo dog" S

Preakness

Highly attractive in regard to a circumstance; very cool.

or

Used to describe a situation in which extreme fortune has occurred.

Person 1: Hey, I signed us up for a free boat cruise.
Person 2: Preakness. We can sing "I'm on a boat".
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Person 1: Turns out she isn't pregnant, AND I got a raise.
Person 2: Preakness.

by Cam "yo dog" S April 4, 2010