a jacket you wear to frats because you
don't mind if at the end of the night, it is covered in
beer, frat sludge, or other unidentifiable liquids. Also, it is not a big
deal if this jacket is lost during or stolen during the course of the night.
Person
1: Ah, I made the mistake of bringing my J.
Crew pea coat out last night and now its covered in
beer!
Person 2: You should have brought your fracket instead!