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HACOT is when you yell at the top of your lungs because something embarrassing or funny just happened. It's like your brain short-circuited and you had to scream into a teacup to survive.
HACOT when my boss sent me a photo of me in 2007 wearing a fanny pack and a mullet.
HACOT when my ex showed up at my kid's birthday party wearing the same shirt I wore on our first date.
HACOT when my dog ate my tax return and I had to explain it to the IRS.