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fraternity leave 

When you miss work due to your partying the night before, much like a parent misses work for the birth of their baby.
After last night, Steve was so hungover that he needed to take a fraternity leave
fraternity leave by 4qmmt January 28, 2010

fraternity life 

A shitty MTV featuring a load of jocks performing stupid, pointless tasks in order to attain the respect of their peers. A load of older guys who should be looking to get a real career preside of this bunch of fucktards. Show featured one of America's greatest embarrassments in the form of Earl. What an asshole.
fraternity life by KWR December 27, 2008

Fraternity Leave 

Taking off from work so you can go to a frat party or missing work to go to a frat party.
Boss: So why can't you come in tonight?
Bro: Crazy rager tonight, im going on fraternity leave.

fraternity belt 

Having sex with one member from each fraternity on your campus.
Mary has slept with a boy from Beta Theta Pi, GQ, FIJI, Sigma Chi, Sigma Nu, and TKE, earning herself a fraternity belt at Knox College.

Fraternity Fag 

An insult to members of fraternities. Presumably it comes from the fact that they choose to live with a bunch of dudes in their fraternity house, although, like the word fag, is often used to mean nothing more than a general insult.
Those fucking Sig Chi fraternity fags trashed the quad last night after their party.

Fraternity Man 

An insecure, narcissistic, vain, binge drinking, freeloading, chain smoking sack of shit. Has no actual desire to be educated. Generally views sex as the be-all end-all of life, and as such, devotes most of his time towards nailing as many drunk women/men as possible. All while wanting people to believe that he is intelligent and studious when in actuality he is anything but.
Elliot Rodger is a good example of a "Fraternity Man"