Used to describe something outstanding, impressive or worthy of the highest praise. Derived from the word 'quality', qualitage is just that little bit more and should be reserved for special situations or occurences.
Termination of employment for a minor or invented infraction due to fear from an immediate superior that they will be replaced by the person they are finding an excuse to terminate.
Bob just qualifired Mary for misusing company resources. All she did was use some tape to repair her management training manual. He'll bring the whole company down that way.