Funcitement - a potent combination of fun and excitement, a whole greater than the sum of it's parts.

"How's your Dr. Katz now?" - originally from the show Dr. Katz: Professional Therapist, as spoken by Barry Sobel. It is used when you've gotten the better of someone in a conversation, usually through quite silly or childish means.

"Ninja House!" - said in a manner of a dean admonishing a rogue fraternity house, this is used whenever someone has gotten the better of you, usually by indirect or incidental means.

Columbus Steamer - a sexual term, referring to when you defecate directly into someone else's anus.

Dong-bag - a euphemism for a condom.

"Wahhh! I missed the train!" - used to mock someone for making lame excuses for some mistake.