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A house party where the majority of the guests simultaneously (and usually in a state of moderate to extreme inebriation) decide to trash the venue, much to the dismay of the host.
John: Hey man. How was your weekend?

Gregory: Not too sure. I woke up on Sunday with glass shards in my hand.

John: DESTRUCTO-PARTAAAAAAAAAY*!!!!!!!!!!!!!!!!!

*Enthusiastic exclamation of the phrase "Destructo Party"
by Herniated gubernaculum March 15, 2010
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