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An ostentatious lifestyle in which physical location isn't important, facilitated by mobile technologies, allowing one to travel as much as they like. This is different from a vacation in that one must still tend to their income-generating responsibilities.
Tim: "Where's Ben?"
Alexi: "He's on lifecation."
Tim: "Huh?"
Alexi: "Yeah, he's on his yacht in the Mediterranean for 6 months doing all his consulting over a satellite connection!"
Tim: "That sly bastard."
by Alexi_K November 24, 2007
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