TK Penality is the phrase "Team Killing Penalty" shortened down to get it out to other people faster. The "Team Killing Penalty" is a penalty given to a player when they kill their teammate in a game, whether it be accidental or on purpose.
A friendship, most often between a man and women, that you do everything that you would when dating, but without romantic or sexual behavior. Many people assume the two of you are dating when in public. Note: Neither party wants something more out of the relationship.
Person 1: "Hey! You got a haircut!"
Person 2: "Yeah, I know."
Person 3: "Hey! You got a haircut!"
Person 2: "Well, obviously, I know that I got a haircut."
Person 4: "Wow, thats some seriously Haircut Penalization"