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kernel panic 

A kernel panic is a type of error that occurs when the core (kernel) of an operating system receives an instruction in an unexpected format, or that it fails to handle properly. A kernel panic may also follow when the operating system is not able to recover from a different type of error. A kernel panic can be caused by damaged or incompatible software or, more rarely, damaged or incompatible hardware.
Dude, my laptop sucks... it suddenly developed a kernel panic about 15 seconds after boot-up.
kernel panic by jheath April 27, 2004
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kernel panic 

You never forget your first kernel panic.
kernel panic by lunatux June 22, 2006

kernel panic 

Diarrhoea (or diarrhea, depending on your linguistic preference). Contrast with core dump, which is solid.
"Uhh, that was exhausting."
"Core dump?"
"Nope, kernel panic."
kernel panic by varn_ix August 11, 2008

kernel panic 

The emotional distress and sticker shock experienced when purchasing popcorn, especially at movie theaters.
While purchasing a medium tub of popcorn at his local movie theater, Bart was so surprised at the $7.00 price tag that he had a total kernel panic.
kernel panic by Nicholas Arnold August 5, 2008