1. Dirt. Of or pertaining to what is picked up by your shoe when you walk over soil.
2. Not having any value. Worthless. A person or thing that can be discarded at any time.
ex: "man that car was banged up baad"
"well at least the driver had insurance"
"he wont get any money from it, it's laxhobo"
"wow, what a n00b!"
"HAHA YA he's LAXHOBO"