The period of time between ending one job and starting a new one. This carefree, optimistic, joyful time period allows for as much jerking off as you please with no guilt that you should be looking for a new job instead.

Briefly, "the realization that each random passerby is living a life as vivid and complex as your own." Originally from the Dictionary of Obscure Sorrows, which has a lot more beautiful neologism definitions like this you might enjoy.