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Plaxident 

1. An act of stupidity which costs you $35 million.
2. An accident involving someone shooting his or herself in the leg.

Derived from the name of soon-to-be-former NY Giants wide receiver, Plaxico Burress, and the "accident" of shooting himself in the leg in a night club which simultaneously put him in jail, ended his career, and nullified the rest of his contract.
"Yo, I can't believe that idiot had a Plaxident! Now he has no money left and might go to jail!"
Plaxident by Jasóncito December 9, 2008

Plaxident 

An act of stupidity that costs you a lot of money; disabling your source of income
Jane, a model, was afraid of getting mugged and beaten so she carried a knife at all times. Running for a cab, she had a plaxident and fell, slashing her cheeks.
Plaxident by Sto00ove December 9, 2008

Plaxident 

Accidentally shooting yourself with a gun.
Like Plaxico Burress did.
Did you hear Reggie got shot? It was a plaxident though, he shot himself.
Plaxident by M2KPDX December 16, 2008

Plaxident 

Similar to natural selection. Usually, it is a stupid decision that greatly harms the one who made the decision and slightly harms those around him.
Newspaper Headline: "NFL WR shoots team in foot, self in thigh. Total Plaxident."

Billy Bob: Hey, did you hear what happened to your boy Griz?

Sam: Yeah, he was getting head while making a homemade bomb and lost the side of his face. Complete Plaxident.

Plaxident 

Any really really dumb mistake that is both personally devastating or painful and publicly humiliating. In reference to Plaxico Burress shooting himself in the leg.
Steve: Did you see that Plaxico Burress shot himself in the leg? What an idiot!

James: Yea, what an awful plaxident.

Andy: I was running the other day across the street and tripped over myself, falling in front of a bunch of people who laughed at me. It was the worst plaxident of my life.
Plaxident by Brown House December 16, 2008

Plaxident 

To have a foolish-enough accident that it causes injury to yourself and risks your career.
I had another plaxident when I shot myself in the thigh.
Plaxident by Ghe71 December 16, 2008