Groupawn 

To purchase something at a discounted price, typically via Groupon.com, for the sole reason of reselling the item for a profit.

A person buys concert tickets on Groupon for $20 (a $40 value!), then sells them on Craigslist for $30. Working the system in their favor, the person groupawned the concert tickets, enjoying them self a $10 profit.

Groupawn by DirkJanowski November 21, 2011

groupwank 

Groupwanking is a term when a group of men gather around a cookie or biscuit and start masturbating on it. Last one to ejaculate needs to eat the biscuit.

First person to ejaculate: Thank God I ejaculated first, Phewwwwwww
Last person to ejaculate: Fuck you man
Others: EAT IT, EAT IT, RULES OF GROUPWANK

groupwank by masterbeef May 25, 2014

Groupanic 

The fear & anxiety caused by the sudden realization that you've purchased too many Groupons (or other similar "deal of the day" online certificates) and have no time to use them before they expire.

I'm in a total Groupanic, I have three restaurant deals expiring this Friday and none of my friends want to have dinner with me. What a waste, I could have used that money on beer & porn instead!

Groupanic by DelilahHarmonia October 27, 2011

groupwned 

Can be used to describe the unintended consequences of a promotion or discount running on the popular Groupon website.

This generally happens when the promoter hasn't thought through their idea, or doesn't expect it to be very popular. If it turns out to explode in popularity it can see them failing to deliver on the offer, or even cost them a loss.

"Headline: Baker Has to Make 102,000 Cupcakes For Grouponers", man she got groupwned!

groupwned by pdtoc November 22, 2011