A situation in which the girl you're involved with turns out to be a bitch.
Clint: "So are you and Lauren still together?"
Bo: "Naw, I got the hell out of that bitchuation."
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Originally a contracted form of "gay Jew", it has now become more of a direct insult.
Also used as a term of endearment.
I can't believe Bob did that to Philip.
Yeah, he's such a gooj.
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