An extended break or hiatus from work, school or whoever bothers you, to go rip some turns by means of skis or a snowboard. Derivative of Sabbatical, but without getting paid.
1. Bro! I’m on skibbatical! (another way of saying “I’m unemployed!”)
2. Boss, I'd rather be on skibbatical than do more **** for you! (another way of saying you'resoon to be unemployed.)
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.