For something that is extremely good and cool. Above everything else, the best thing there can be.
Person 1: Look at that car.
Person 2: Hell yeah, that car is pordice for sure!
When something is so funny you forget how to spell hilarious and spell it as it sounds, but wrong.
Person 1: *tells a joke*
Person 2: "omg that's actually so halariouse omg"
11👍 1👎