when you are new to high school and the alchoholics/druggies innitiate you by getting you shit faced (with kegs, beer bongs, etc) and then they throw/squirt things at you such as mustard, ketchup, eggs, dog shit, and random things that u have no idea what the hell it is even the next day. if you are smart u will have one of the older high school people protect you.
senior: do you like beer
freshman: umm i dont know..
senior: INNITIATIONNNN!!!
freshman: ok
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its an adaptation on the word innit. however innity is better.
'dear ollie, you look lovely today innty'
'why thank you, im wearing a new shirt, innity'