a liquor store, a place to buy alcohol
"Im getting beer at the L-I-Q"
when you duck down behind something to hide taking a swig of Bacardi.
"Luckily Jessamy did the Bacardi Dip so no one would see her take a shot."
The place to be, a cool, fun, place to hang out
"We had a great time at the speezy."
When something sticks to something using suction.
"When my dog sat on my face her butt plungered to my cheek"