A term that can be used to replace either "Jerkoff" "Faggot" "Loser" or any other thing you can think of that makes a person a total fucking failure. It was first coined inside a chat room where a fucking awesome person took a misspelling of the word "Bogus" and made it kick ass.
"Just smoke the goddamn blunt and stop being a boogus."
"You don't drink or smoke? What the fuck? Are you a fucking boogus or something?"