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Facebook Party 

When two or more friends who can not meet up due to geographical differences, drink simontaniously and chat on facebook.
Hey, since you'll be outta town this weekend, do you want to have a Facebook Party Saturday night?
Facebook Party by KyleASU July 7, 2009

Facebook party 

Party involving friends you mostly interact with online. Physical interaction may be awkward.
Wow, this Facebook party is really lame, who are these people?!
Facebook party by sokirk September 29, 2011

Facebook Party 

a period when, while logged onto Facebook, most friends you typically Facebook Chat, as well as those whom you usually wish might Facebook Chat you ; ) , are all online at the same time.
Girl 1: "Jane, whatsup? omg so I love how Abby, Katie, Jessica, and Alyssa are all online right now."

Girl 2: "Ik, right?! Oh, heyy, but so are Brad, Erik, and Sean : )"

Girl 1: "This is a total Facebook Partyyy"
Facebook Party by Aurea Dea March 8, 2011

Facebook Slumber Party

The act of staying up to all hours of the night chatting away with your long lost friend, pen pal, or sexting buddy on Facebook. You can talk about your favorite TV show, how much weight you've gained/lost, the massive dump you just took, or which girl's picture you hate the most. But best of all, you can stay up all night talking to someone without actually talking to someone!
Betty: What'd you do last night, Sal? You look rough.
Sal: Oh I just had a facebook slumber party with Tina. We were up until three in the morning just laughing our souls out!
Facebook Slumber Party by caiphie887 December 22, 2010