a phrase used to encourage others to get absolutely plastered. a time when you take so many shots to the point where you can count and play drinking games until you drop dead. tiki time is most often on weekends or days off, but some people are on tiki time 24/7.

being on tiki time is a dangerous game. after a full day of being on tiki time, you may wake up anywhere from a random persons front yard to a boat ten miles off shore.
boss: “why weren’t you at work on monday?”
me: “sorry boss! I was on tiki time all weekend.”
by superswagmaster69 January 21, 2022
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