The genitalia of a female alien.
"I hate William Shatner."
"WHAT!? Someone's a little jealous of all that Clorbanax."
As used in Mass Effect:
"Well, Commander Shepard, this may be our last chance to see each other..."
"AHHH YEEEAAAAHHHH!!! CLORBANAX TIME!"
In contrast to the saturday cats posts on 4Chan, Caturday can also be used to describe any day off. Weekends, Holidays, or simply skipping work usually take place on Caturday.
Implies to be lazy like a cat.
"Dude, why the hell were you not at school?"
"Dude, it's Caturday!"