The 3rd paycheck in a calendar month that is usually viewed as a freebie, so a person has fun with that check instead of paying bills. A playcheck only happens twice a year.
This Friday I am going on a shopping spree because this is my playcheck.
A combination of the words "play" and "racism", it is the innocent and comical use of racism that ridicules people of racial minorities whilst avoiding the damaging legal reprocussions.
Is is most commonly used between friends.
Tara: "Are you going to get those black spots that Morgan Freeman has when you get older?"
The play-within-a-play part of Hamlet. Or any other play, for that matter. Can also mean TVception, when you're watching a show/movie in which you spend a small amount of time watching what the character's watching.
"The Reduced Shakespeare Company needs to add in something about playception; Hamlet needs more pop culture if they're going to Abridge it!"
"In the cartoon I was watching, we spent five minutes flashbacking to the main villain's childhood cartoon! Playception at it's finest."