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A winter holiday falling somewhere between Christmas and New Years Day, during which procrastinators give gifts that were purchased late, often purchased at a significant discount.
Joe: Merry Christmas, Bill!
Bill: It's the 29th, Joe.
Joe: So? Merry Procrastmas!
Bill: you forgot to remove the tag that says 50% off...
by JDMatt December 22, 2009
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