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3 definitions by Pael

 
1.
A spin on the word "elite", common on IRC to describe someone or something that is very good, cool, etc. A spinoff of the chinese pronunciation of "elite" which is "ereet" because L's often sound like R's.
Ah man, this new video card is ereet.
автор: Pael 11 июля 2003
 
2.
A device not unlike an airbag that would lessen the injury suffered by an individual who has just been knocked on his ass. First usage found in a skit on Styles P "A Gangster and a Gentleman".
"Good thing my Assbag came out"
автор: PAEL 2 марта 2013
 
3.
Having tendency towards homosexuality.

Origins unknown but on the first season DVD set of the TV show Wildboyz, the phrase is used in this context repeatedly.
We saw two guys running around in Speedos and realized that it was a little bit ticklish.
автор: Pael 14 марта 2005