A little sentence that kids in elementary school uses to say that your lying.For example,you say that your mom is ARIANA GRANDE and everyone knows that its fake right,so the kids would come at you saying"PFF,LIAR LIAR PANTS ON FIRE"and then run away from you.Its more like a term used to say that youre obviously lying and they are mocking of that fact.
The act of and or getting drunk to the point where one commits such silly acts of hilarity.
The term drunk has just been used and abused and it's time to adopt a new meaning for drinking. It may sound silly coming from a gentleman's mouth but never the less, it's fun to use!