A term used to describe the act of purposely getting incredibly drunk to the point of absolute oblivion while out (generally with the lads) for a night on the town. Usually involves the person(s) involved waking up the next day in hospital, a ditch or jail. However, the person(s) involved cannot be held accountable for any of the actions (more than likely sexual) he or she committed.
I had sex with a rather ugly woman who somewhat resembled the Loch Ness Monster last night chaps. However I cannot be held accountable for any of my actions as I was incredibly drunk. As a wise man once said, I was monkeyed off my goose.
After the realisation that words like recession and credit crunch simply aren't modern or cool enough, it came to light that the economic crisis had to be rebranded to something new.
Hence, "Moneygeddon" was born. It's a definition more in touch with both the youth of today, and audiences of all ages - it represents both the simplicity and danger of the current crisis.
Moneygeddon merchandise is now on sale, including the trademark Epic Fail Gordon Brown t-shirts. Don't be left behind.
"Did you see that awesome Moneygeddon mug on Newswipe last night?"