To refer to someone by their first initial followed by "word", made to seem like a bad word.
Used mockingly to refer to a person when use of that name may cause retribution.
Ex: The J-Word.
Person 1: So, the K-word and I are going to go to the movies...
Person 2: I see you're playing the initial game, your parents still don't like kevin?
Person 1: nah.
a) (for people between the ages of 18-25): having sex with your significant other for the sole purpose of placating either your or the sigother's parents by giving them grandchildren to play with
b) (semi-offensive): losing one's virginity in a one night stand
When a chick gives a guy a RimJob (RJ), moves slightly and nibbles/licks giving the Gooch some Action (GA), and then moves slightly again to give the guy a BlowJob (BJ). These three thing together in that order are called giving someone "the initials."
My girlfriend came over last night and gave me the initials. First she licked my ass, then played with my gooch, and finally she gave me a blowjob.