adj./noun:An African American slave term that is socially acceptable to speak in public, preferably in bolby central areas with many bolbies around. It is the word for Niglet, Nigger, spooks, darkie, and any other racial term balled into one glorious word. Plural: Bolbies.
Me: There sure are a lot of bolbies around here...
Johnny: They need to go back into those cotton fields instead of standing on the street corner.
Example Two:Me: You are such a bolby.
Bolby: Yes Massa, I's a good bolby.
Example Three:Me: Bolby get off my lawn. You don't want to see my backyard. (Bolby runs away)