To wear or do something that Represents a Fraternity so well it is fantastic.
Wow, Andy Drinking all that frat water in his pink polo shirt and boat shoes looks Frattastic.
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Beer, usually very cheap such as Nati, BEAST, or Stones. Used because it is easier to find a beer in a fraternity than a sink that works.
Man Josh was so wasted off of frat water it was frattastic.
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