Hacking cough

Meaning: Every software Engineer's nightmare - worse than the Flu!

Author: FH, GC.

Bush Oil

Meaning: Lubrication to prevent female smoking [Vag-lube to you and me - ed] and nothing to do with the invasion of Iraq.

Author: GD, GC

Bollotics

Meaning: Politics which means complete bollocks or makes no sense at all.
Pronunciation: Bol-lou-tycs 
 Slang: Bolloctics [Bol-loc-tics]
Author: GD

Fagile

Meaning: Like Agile only involving a large amount of swearing and absolutely nothing to do with the state of female anatomy...
Author: NT

Fuckbended

Meaning.technically: The opposite of Fuckstrated. 
Meaning.abstract: Good question!

Meaning: Let your mind do the thinking for a change.

Author: NT

Fuckstrated

Meaning: Fucking frustrated ! [Surely word of the year - ed]
Author: PK

Proxymoron

Meaning: Oxymoron.
Meaning.funny: To act a fool/idiot on someone’s behalf.
Author:  DG

Parallizing

Meaning: Working in parallel with ones peers.
Author: FH

Bad Ganymede

Meaning: Bad Karma
Author: NT