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MIT's verb for doing a problem set, or set of homework problems that are by far the most difficult in the world. MIT is hard, so they made up a verb for doing homework. Wow. All courses at MIT are also referred to as numbers.
Krishna walks into BC Lounge 554;
"Hey, are you guys Psetting for 18.06?"

-- "No I just finished the 14.01 Pset"
by Thekylexp February 22, 2010
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