A "party" (more of a gathering) which consists of people doing burnouts in motor vehicles, which is somehow entertaining. It's not like doing burnouts is irresponsible, stupid and puts terrible strains on the engine and drivetrain components of a car...

The best skin in the game, everyone should have and love it

Similar to a shart, but the head pops out first before the actual skid mark.

Using your kindle obsessively until you have had enough of the same books or series of books

After coitus you realize you have had a dirty ass, and have left skid marks on the bedsheets resembling a burnout.