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halibutt 

This is a covert word used to describe a persons nice butt. It's 3-4 words squeezed together: "hell of a butt". When you're with your friends and you see someone in public with a nice butt, saying the word "halibut"/"halibutt" is code and won't get the user slapped by the accused.
GROUP OF GUYS/GIRLS IN A BAR:

"Halibutt at 9 o'clock." or "I love eating halibut... don't you?"

MALE approaching unknown FEMALE with a nice butt:

M: "Wow, I'm a great cook. Do you like fresh fish?"
F: (Apprehensively answering) Uh, yeah, I do. Why?"
M: "Then it's a date! I'll cook and you bring tha... the halibut!"
halibutt by dub1 February 28, 2013

halibutt 

adj. used to describe when someone's backside stinks. Derived from the words halitosis (terrible breath), and halibut (fish). The smell can be caused by a fart, or can just be naturally occurring, for no explainable reason.
When I was standing behind that guy in line he had some serious halibutt goin' on.
halibutt by KirraKField May 7, 2008

haliburton 

(adj) Something that is so fiendish that it will concoct a scheme to bribe a nation's presiding leader into invading a Middle Eastern nation simply so it can get some reconstruction contracts
That prostitute has been so haliburton ever since she started menstruating!
haliburton by Dr. Balls May 10, 2005

Alaskan Halibut 

Sex-Move: Knock your bich out with a fish (preferably an alaskan halibut), put it on your dick, and then fuck her with it.
I gave her an Alaskan Halibut last night. Biches love the Alaskan Halibut.
Alaskan Halibut by Alaskan Halibut November 28, 2012

shat on a halibut 

The fragrance of a person who smells so foul based on overabundance of cigarettes, perfume, lack of hygiene and shit. This aroma can only be described as a dead halibut rotting in the hot south Alabama sun that has been shat upon by a wino.
Damn, this elevator smells like ass. Someone must have shat on a halibut.
shat on a halibut by Space Herpie October 15, 2008

Haliburton Loophole

A sexual position where one man stands shoulder widtch part and receives a hand job from a person situated on their knees behind the recipient staring directly into their ass. Known for having the worst name of all sexual acts.
I accidentally farted last night while getting a Haliburton Loophole and my girlfriend dumped me.