The main campus-wide party at New College of Florida in the central courtyard of the Pei Dorms, usually held every Friday and Saturday night. Sometimes but rarely held on weekdays.
A PCP (Palm Court Party) is like a wall but is generally attended by larger crowds and is open to large numbers of friends and guests of students.
The term "wall party" (as in a party next to the wall) was coined in the 70's. The term was later shortened to "wall".
"Who's throwing the wall this Saturday?"
"Are you going to the wall tonight?"
"The music at this wall sucks!"
"Whose idea was it to throw a classical music wall?"
"I got so drunk at the wall last night that I ended up passing out on the couch in Ham center!"