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Refers to a ceremony performed on a variety of occasions, such as: (1) When someone remembers to "bring in the old device" (i.e., battery, starter, alternator, etc.) to exchange at an auto-parts store and thus avoid the core-charge when purchasing a new one (in this instance, it is often spelled "coreonation"). (2) When someone receives a promotion, gets married, etc, and so everyone present cracks open da ol' lime-wedge-spiked bottles of Corona Lite. (3) A trepidatious "newbie" welder has managed to strike his first arc, and so everyone around him is having an impromptu celebration of the lovely brilliant-blue "corona" that he successfully created.
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