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1.
To imbibe the majority or entirety of an alcoholic drink in an aggressive manner, sometimes as a result of peer pressure or due to third party coercion.
Jon: Shit, I've only got one Stella left
Alex: Neck it
Jon: NO.
Alex: What's your aversion to necking it you little herbert?
Chris: Neck it
av jag2010 27 juni 2010
 
2.
A slang term meaning to hang oneself with a Noose-like object.
I'm just about ready to neck it.
av Yalingo 25 maj 2009