1 definition by Ju & Jo

Any scandalious event (usually sexual in nature) that involves money, fame, bribes, or fortunes that may be used for monetarial purposes in the future. These events are logged in a "black book" or journal. When you feel threatened, gently remind that person on your list that you have "blackbookable" material on them.
"Thelma and Louise were best friends and knew everything about each other, keeping a detailed journal of all of their "blackbookable" moments they shared."

"Monica Lewinksy's dress was evidence for her "blackbookable" moment with the president!"
by Ju & Jo April 24, 2008
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