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2 definitions by h-dub

 
1.
Useful expression meaning 'wonderful, great, or fantastic.' Adds extra meaning where those words are not adequate in expressing happiness with the current topic.
boyfriend: "I cooked a great dinner for us."
girlfriend: "Fabuloso! You are the best boyfriend evar!" (See "evar")
by h-dub July 28, 2004
 
2.
phrase used to express discontent with business policy, usually due to lack of response and change to current business environment.
employee1: "We need to increase production capacity to keep up with current demand. Too bad our company won't invest in system upgrades."
employee2: "Yea, we're just painting the deck furniture, waiting for the Titanic to sink."
by h-dub July 28, 2004