I've decided to start documenting all the new terms that are created in my presence. Use them freely enough and they might make their way into the real thing.

The Werriam-Mebster Dictionary

 

Big Waa - exp. - An expression that can be used by a group of people to signal a certain generally-agreeable emotion. A sort of low, drawn out "Waa..." expresses approval. A higher-pitched "Waa!" followed by chin scratching indicates that an interesting point or topic has been introduced. Useage of The Question Waa, "Waa?" is obvious. The last basic Waa type is a Strong Mad-type "Waa#@%!", signaling disapproval.
Circa 2003

Sample: "Waa?"

binch - n. - A word engraved on the wronch. Can only be used in sentence form when combined with binch zoomm.
Circa 2002
binch zoomm - adj. - drunk, plastered, wasted, high, sloshed, blasted or three sheets to the wind.
Circa 2002

First Use: "Man, I am going to get binch zoomed tonight."

Cole·man·ize - v. - The process of heavily commenting Java™ source code and catching of every theoretical error. Also involved in this process is defining as many final variables as possible. The program is simplified by tripling its length.
Circa 2002

Sample:

Before Colemanization

System.exit(0);

After Colemanization

final String ERROR_STRING = "You made the following mistake: ";

//try to exit the program
try {
    System.exit(0);
}   //end of try block

//catch a SecurityException error
catch (SecurityException se) {
    System.out.println(ERROR_STRING + se);
    System.exit(1);
}   //end of catch block

Distributed Symphonic Blastido - fun-to-type phrase - the process of playing certain types of music (read: Itallian progressive power metal) at very high volumes on multiple sound systems simultaneously. For best results, distribute the sounds systems around the building as if you were setting explosives for demolition.
Circa 2003

Sample: "A night of Distributed Symphonic Blastido would be most excellent."

E·bayed - v. - To troll eBay for a specific item. This often entails doing research on the bidding histories of your fellow eBayers, in order to secure the best price.
Circa 2004

Sample: "Last night I ebayed for a new pair of moon shoes."

hoe·vendor - n. - Just what it sounds like
Circa 1999

Sample: "Yeah, that playa Black Rob is the biggest blinged-out hoevendor 'round these parts."

Kelly·og·ra·phy - n. - A form of choreography that consists of the flailing of limbs in a timing scheme of complete disarray. This technique was specially designed for low-budget high school musical productions.
Circa 2000

Sample: "After school I was forced to practice hours of new Kellyography."

pre·slign - adj. - Disorganized, not in final, polished form. And whatever causes this is the director's fault.
Circa 2002

Sample: "This musical is very preslign."

wats·up - n. - (1) Derived from the expression "What's up?", this form pertains to the current comings and goings, or news. (2) Pizazz, excitement, or refreshing content. Sort of like ketchup.
Circa 2003

Sample (1): "Have you read Anandtech's latest article? It's got the latest CPU whatsup."
Sample (2): "You know Johnson, your latest editorial could use a little whatsup."