World English Dictionary
lig (lɪɡ)
1.  (esp in the entertainment industry and the media) a function at which free entertainment and refreshments are available
vb , ligs, ligging, ligged
2.  (intr) to attend such a function in order to take advantage of free entertainment and refreshments; freeload
[C20: origin uncertain]

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American Heritage
Abbreviations & Acronyms
The American Heritage® Abbreviations Dictionary, Third Edition
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