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A term used by people of the younger generation to show their distaste for an activity or event. Usually used by people who haven't got the courage to stand up and say "I would not like to attend this activity/event"
"Hey Ellie, do you want to go see One Direction on the weekend?"
"Yeah, could do."
"I'll take that as a definite no then."
by Gingerroman June 10, 2012
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