every curse word in the human language combined; usually means fag, dork, loser, jerk, bastard, ass, etc. A good word to use in a case where you will get in trouble if you say the actual word. Sounds friendlier than what it means.
Jerry: GO DIE U LOSER
Adam: AT LEAST IM NOT A SHABALONG LIKE YOU
It's a one-night stand. Knowing that you'll more than likely never see a certain attractive person again. So you get them to agree to basically a one-night stand or a quicky any place, anytime and anywhere.