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1. Another over-long way of saying "drunk."
2. The term for when the baseball team you dislike has a man on each base (or "bases loaded.") Popular in the late sixties/early seventies in northern New Jersey; may have been used in other areas.
1. benny-"man, did you see that douchebag at the club last night? falling down drunk again! that boy was sure loaded."
denny-"yeah, and he got that way on zima!! that means he was loaded and corroded.!!"

2. When the Atlanta Braves or New York Yankees have a runner at each base, you can honestly say the bases are loaded and corroded.
by earpuller October 20, 2007
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