Adjective
1. To be like the good aspects if a party in the opinion of the utterer.
2. Ambiguous statement meant to explain something inexplicable, or to be used as a term of originality. i.e., If one gets tired of responding "good" to the question of how their day was, they may respond "Partylicious" instead.
Mike: So how was your day?
Yordan: It was partylicious, we went downtown and some drunk guy got in a fight with a hobo, and some guy jumped off a building in scuba gear trying to hit a glass of water on the ground!
Mike: Sounds... Eventful.
Something that's is particularly funky or fantastic, a la funktacular.
You got the beer? Partylicious!
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