When visiting generous relatives over christmas or any gift giving time such as a birthday; packing space in your luggage in expectation of receiving gifts for your return journey
Holly: Why are you leaving so much space in your bag, don't you want to pack some more clothes?
Tom: I'm packing space
Holly: What's that Tom: I'm packing space for my gifts.
To turn a victim's backpack belongings out of the bag, and turn the pack inside out and then placing the items back inside and zipping it up, also commonly referred to as "nuggeting"
School Bell Rings: BEEEEEEEP
Boo Radley: Have a good weeken... OH WHAT THE FUCK IS THIS SHIT!?!?!
Dirty Sanchez: You've just been "space packed" BITCH!
Boo Radley: Fuck! My day is ruined...
Dirty Sanchez: hahahaha u must learn the sacred art of space packing young shithead!
The best parking space in the entire parking lot, typically characterized by being closest to the entrance of the associated building; prized for its rarity.
We showed up at Kroger around 5:00 am, and since the only people awake at that hour are stoned teenagers in need of some vanilla wafers and kettle cookedpotato chips (but surely not Saltines), The Richard L. Odiorne Memorial Parking Space was just screaming our names.