1 definition by Smoking Gunn

Itskvitzits

(verb) - The appearance of putting down a credit card to pay for a meal while collecting cash from the other parties at the table for their part of the tab. You then write off the entire meal as a business expense while pocketing all the money tax free.

After pulling an Itskvitzits this afternoon I had enough cash to go out for a drink

by Smoking Gunn February 25, 2008