Singlehood - the status of being single
Some can't wait to escape singlehood, some don't mind it or even revel in it. When you get a girl/boyfriend, this marks the end of singlehood for you. Likewise, when you break up with them, you re-enter into singlehood.
Guy 2: So you can finally leave singlehood behind, then.
Guy 1: Damn right. Let's go for a drink.