Caucasity /kɔ(ː)ˈkæs.ɪ.ti/ noun2 •(slang) The state of being racially white; Caucasianness.As long as drug use is a crime you can walk away from by having sufficient money, family connections, and caucacity, it's a perfect way to separate out folks who don't fit in 'our' circle. — 2000 •(slang, offensive) Stereotypically white (Caucasian) behaviour, especially arrogance or entitlement.@sodamichelle oh oh your caucacity is showing.. — 2009