back formation VERB
To produce pure gold from the nipples (not possible) This word is a euphemism for being of incredible and increasing wealth, as if one had access to a steady stream of gold (hence the lactating analogy).
“Donald Trump keeps making more and more money. The guy is basically aurictating!”
Etymology : taking "lactate" and appending "auric" for gold, wrongly assuming that the -ctate implies production from the nipples
Source : Ken Smolinski, 10/1/10
Last modified: 9 December 2010