noun.
A daring or adventurous act; an undertaking which goes against convention.
WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
noun.
a wild and exciting undertaking (not necessarily lawful)
noun.
any carefree episode
Word Usage
"The escapade is part of a contest sponsored by Groupon. com, the online promotion company that's picked up 13 million subscribers since July 2009 by partnering with vendors."