The Rice University Neologisms Database

A vague noun with good connotation; related to friendship relationships; synonymous with cool, gnarly, and good. The etymology is not conventional. New meaning for the word creating when a girl accused Phillip, April’s boyfriend, of being deaf, short of hearing, to which April changed the meaning from a word with negative connotation to a more pleasant form, a word synonymous with ‘happening,’ or ‘hip.’ “She must have meant you were deaf!”.