Verb (intransitive): 1. To commit suicide, usually by jumping from heights (such as a balcony). 2. To study for extended periods of time, to the extent that one contemplates suicide.
Origin from Bobst Library, central library of New York University, site of several suicides by students in 2003.
1. John, unable to cope with the difficulties in his life, bobsted it.
2. Damn, I have so much work to do... looks like I'm going to have to bobst it.