1: Bundaberg rum. A mass produced golden rum made in Queensland, Australia. Renound for its logo and mascot, the Bundy Bear.
2: Australian for leave, or exit, particularly in a club or party atmosphere. Derived from 1, it is rhyming slang from "run"
1: steve-"feng us another bundy mate"
2: stevo-"This band sucks"
steve-"We bundy?"
stevo-"Yeah"
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