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Pancrepe 

Not quite what you wanted but not quite something else either.

Originated from a poorly crafted pancake where all ingredients were halved except for the flour which was accidentally quartered. What resulted was something too thick to be deemed a crepe but way too thin to truly be a pancake.

The word is used to describe life events that never truly reached a participant's expectations level but wasn't exactly a failure.

i.e. The gamble discount scratch off of 20% off at Kohl's as opposed to 30% off but not 15% either.
I got a C- grade in the class; What a pancrepe.

The discount was a pancrepe 20% off.
Pancrepe by ChileanTiger January 6, 2013
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A girl that loves pancrackers. She smiles a lot and she gets confused easily.
Pancripe by scottycheeks October 25, 2012
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