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A combination of the words 'text' (as in message) and 'expecting' to use when asking someone who they are expecting a text message from.
Eva: (looks at her phone for the hundredth time)

Delia: Eva, you have been looking at your phone all day! Who are you texpecting?

Eva: This guy I met at the gym yesterday! He hasn't texted me back!

Delia: What a bastard!
by Amy Jallen August 06, 2009
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