Something you really want and think you are going to get and then it doesn't happen for you. The genesis of the term was an actual grab of an ass that went bad.
"I thought I had that job promotion in the bag, but it turned out to be just another ill-fated ass grab."
by mattkorey October 20, 2008
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ill-fated ass grab • ill_fated • ill fated blowjob • ill faded • Ill Faded Design • illfated • iLL • ill nana • Ill call you • ill nino