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Flakation 

The period whereafter a friend flakes on you and then becomes completely unreachable and virtually non-existent.
Katey: "Dave was supposed to meet me out for drinks on Tuesday, but he totally flaked and didn't show. And now he's not returning any of my calls."

Josh: "Yeah. Sounds like he's on one of his flakations."
Flakation by jimster360 February 5, 2010
Having time off from your real job but being so busy that you end up working harder than you do at work.
"Dude, you have like a week off!"

"Yeah what a FAKATION. I've got more to do now; I'd rather be at work."
fakation by EmmaSez December 22, 2008

Fratcation

Gathering of fraternity brothers to re-live the college experience in a new, exotic, unspoiled location.
The Island was quiet until the boys came down on their Fratcation and raised hell for 3 days straight.
Fratcation by Nickski March 24, 2010
A city south of Melbourne, at the end of the train line, hot spot for drugs and crime. Though going there you risk getting stabbed or attacked by potheads, it's a great place to be. Ahhh, Bayside.... what would our social lives be without it? Affectionately refered to as Franga, Frangtown, Franghole, Franganistan, Frankston, etc.
"Hey, lets catch up. Where should we go?"
"Cool, meet you in Frankston."
Frankston by Franga Fan. December 20, 2006
A company-mandated unpaid vacation, becoming more and more common as the economy sours.
"Dude, why aren't you working today?"

"I'm on fakation. I can't afford to go anywhere, 'cuz it's unpaid."
Fakation by jc2 April 12, 2009

From Frankston

Describing someone who is not as innocent as they seem, because they are from frankston.
'Ben is so innocent and pure'
'Don't be fooled, he's from Frankston.'
From Frankston by k;jdfgh March 4, 2008