Laycation

Defines what one does after being laid off from work. Actions are determined how much cash, credit or the size of a buy-out package.
A Laycation can include but not be limited to:
1)Going to live in your parents basement to read the compendium of Mad Magazine until market conditions improve. (ie. No cash flow)
2)A bike tour through Mexico.(ie. enough cash flow)
3) Going to live in Provence, France to hone your culinary skills and relax. (ie. Lots of cash)
by Gimlet Swiller January 01, 2009
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