Refers to a ceremony performed on a variety of occasions, such as:
(
1) When someone remembers to "bring in the old device" (i.e., battery, starter, alternator, etc.) to exchange at an auto-parts
store and thus avoid the
core-charge when purchasing a new
one (in this instance, it is often spelled "coreonation").
(2) When someone receives a promotion, gets married, etc, and so everyone present cracks open
da ol' lime-wedge-spiked bottles of Corona Lite.
(3) A trepidatious "newbie" welder has managed to strike his first arc, and so everyone around him is having an impromptu celebration of the
lovely brilliant-blue "corona" that he successfully created.
I watched an
old documentary of Princess
Di's coronation, but I was surprised to
see that not one of the many attendees appeared to be actually drinking any bottles of "frothy'n' lime" --- what's up with that???