Portmanteau of multitasking and paska, Finnish for shit. Like multitrashing but the end result is mentioned in the name. Nothing will ever be finished and the work in progress is just all crap.
A combination of an passport/ID card and credit card which gives the owner the right to travel and shop pretty much anywhere in the galaxy. Leeloo uses the multipass when boarding the spacecraft to Fhloston Paradise together with Korben Dallas (The Fifth Element).
Leeloo: Mul-ti-pass.
Korben Dallas: Yeah, multipass, she knows it's a multipass. Leeloo Dallas. This ismy wife.