Onit
Verb - To consume copious amounts of alcohol
Noun - An alcoholic beverage
Verb
"Let's get onit."
"F*CK'N ONIT!!!"
"Wanna get onit on Friday?"
"Were you onit last night"

Noun
"I've only got one onit left"
"Lets shoot down the road to get some onit's"
"Did you bring any onits?"