The act of being a complete moron. It replaces more offensive words that piss people off.
Person 1: Did you see that guy use his baby as a hacky sack?
Person 2: Yeah, what a tard-wad.
The act of doing something completely awesome. It can be used to explain how something is being done.
John: Did you see how many points Keith got on Fantasy Baseball?
Mitch: Yeah, he is doing jesusly
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