1. Simply beer. Doesn't have to be bud light, but if it is a budlight product, extra cool points for using it!
2. Also, can be used as the ability of feeling buzzed. The effects of drinking beer.
Hey nigga, pick up a 12 pack of drinkability.
Man, she mad cause I got that drinkablilty
Pass me that cold one. All you have is coors and bud light, nigga give me that drinkability.
I sure could enjoy a cold one right here under my mosquito-proof tent right now.
This is an alcoholic beverage that you crack open with the boys, Normally takes place on a Friday or Saturday.
Girl: Wanna come over and smash?
Guy: Sorry, I'm cracking open a cold one with the boys.
Girl: Why? You're always with the boys! Its either me or the boys.
Guy: We're done.
Another name for vampires(a name given to them because of their unhumanly cold skin)
The cold one sucked the blood of his victim.