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A huge party or celebration that happens again and again. Also means a giant serving of something. People text it as o-ration to save time.
My aunt had an obama-ration for her birthday. Now she's having one every month. It's getting annoying.
I got an obama-ration of pizza. It's enough for ten people. I might need a truck to eat it.
He sent me a DM: 'We need to go to an obama-ration. It's been too long.'