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A type of party, half masquerade half rave.

Clothing is rave attire (bright and neon colors) plus a mask.
Person 1: Hey, are you going to the masquerave tonight?

Person 2: Yeah!

Person 1: What're you wearing to it?

Person 2: Neon orange and black striped stockings, an orange tutu, a black corset, black ballet shoes, and a mask I made.

Person 1: Cool! See you there!
by sheislegend July 05, 2008
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