This is an acronym for Eat A Bag of Baby Dicks.
Made popular by Animated TV Series Boondocks. It is also a higher level of EAD. The whole Bag and Baby aspect not only confuses one but it also makes a statement because the current price of a Bag of Baby Dicks has gone down with this struggling economy.
I was driving to work this morning and a car cut me off. I pulled up next to the guy, he told em to fuck off. I told him to EABBD. he looked confused, took out his phone and went to Urban Dictionary online. Found the definition, then crashed his car. he should not have been driving and using his phone. Unreal!