1 definition by Rogue Bandit

OSS
Oh Shit Scenario. When someone runs into an unfavourable scenario that is difficult or complicated to resolve.
Speaker 1: Uggh! I lost all the files for my presentation in two minutes, I don't know what to do!
Speaker 2: Sounds like you've run into an OSS.

Speaker 1: After failing to pay his debts for the last three years, the bank has him in a bit of an OSS.
by Rogue Bandit March 31, 2011

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