someone who is very immature and sarcastic at times, but ultimately funny in being so. This person also has sadistic ways of going about things, but can be very serious about certain things. Costellos always push people to do their best. They are also very soft on the inside, and may disguise liking you in forms of teasing and sarcastic comments. All in all, Costello's are very beneficial to have in your life if you know their rules and play by them.
See also Obsessed, Fanatic, Zealot, Cult Classic and Cult Movie
Someone who is completely obsessed with some sort of cult fiction (Example: Lost, WoW, Star Trek, Napoleon Dynamite, Family Guy, Halo, Star Wars, Pokemon etc)
Guy: "Man, Chris is really into Lost"
Girl: "Yeah, like he is Costelloed to it"
Guy: "That's pretty strong to say he's Costelloed"
Girl: "Well, he spends hours researching all the literature associated with it"
Guy: "You're right, he is a total Lost Costello"
A Costello Clapp is when after coitus, instead of cumming in or on your partner, you cum into your hand and proceed to smack them in the face with the handful of cum.
After I was done having sex with Melyssa, I costello clapped her across the face.