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When a goat is given as a gift and the receiver subsequently gives the same goat to a third party.
How embarrassing, Harold was caught regoating last week.
regoat by gaot April 2, 2015
Related Words

Regatta Roulette 

The act of taking the gamble and getting shitfaced drunk the night before the Royal St. John's Regatta in St. John's, Newfoundland. Due to the precarious status of the holiday*, this is a risky venture. People may have to go to work with a hangover, or worse: still drunk.

*The Regatta is one of very few weather dependent holidays. If the winds are too high, the boat races are cancelled and there is no holiday. (it will be moved to the following day, weather permitting).
Why is Jane covered in excrement and wearing sunglasses at her desk?

She lost bad at Regatta Roulette.
Regatta Roulette by townie86 August 2, 2011

Beer regatta

“A complete week of hardcore alcohol and drug abuse in the summer month of august”
Poor young henry was too fucked up to give a damn that it was past his bed time... why? Because it was beer regatta.
Beer regatta by Beermassive January 24, 2019

Slap Shot Regatta 

A Game In Which 2 Players Take A Series of Slap Shots At Eachother, One As A Goalie, usually Ill-equiped (uses pillows, couch cushions, cardboard, rope and other household items). most commonly played in North American Basements.
My Brother called me a pussy so i challenged him to a game of Slap Shot Regatta
Slap Shot Regatta by Pungkrawk April 12, 2010
Hiding drugs in one's vagina.
Mary was regatta through the border to make some dope cash, yo!

Imma regatta half a key of coke this weekend; imma make mad cash.
regatta by Joe Trapasso April 12, 2007

regrattery 

The activity of spending an inordinate amount of time inside a library, especially one with imposing Brutalist architecture.
His regrattery must be stopped or he'll write another thesis!
regrattery by majadirks March 31, 2010