A local night spot or bar that serves cheap drinks til the early hours that seems to attract and produce a steady flow of drunken sluts throughout the night.
Dave: Alright mate, you heading out to Liquid Envy tonight?
Steve: No way, that place is a filthy Slag Factory.
an exclamation that describes a beneficial coincidence.
Mike: I'm starting to get hungry
Nick: Yeah, I know what you mean, whens the pizza due to arrive?
<doorbell rings, pizza man arrives imminently>
Mike: Knoshwhack!
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