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A sequel to a pre-existing motion picture obviously made solely for financial gain rather than based on demand or the artistic merit of the original.
Derived originally from "Alvin and the Chipmunks: the Squeakquel" (2009). Some other recent examples include:

Transformers 2: Revenge of the Fallen
Pink Panther 2
The Twilight Saga
by thatsasketch March 25, 2010
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A movie sequel that was made solely for the purpose to capitalize on the financial success of the first film, with no attempt to make a good movie.
The first movie was great, but they didn't try hard on the squeakquel, it was pretty bad.
by Sarcastic Person March 24, 2010
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The second fart that follows a loud flatulent outburst. Usually making a squeaking noise and of lesser magnitude.
I thought I only had to fart once today in class, but after the first one there was a follow-up squeakquel fart.
by lp1136 July 14, 2010
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