Top Definition
When three young travelers decide to forgo traditional lodging in favor of finding a somewhat secluded area in which to sleep outside. They then form a triangle with their bodies, head to toe, with their possessions in the middle to prevent theft. A variation of the hobo triangle includes building a fire in the middle.
Traveler #1: Did you guys make it back to the hostel last night? I didn't hear you come in.

Traveler #2: No, we just formed a Hobo Triangle down under the pier to save some cash.
by LaChLaN-m October 16, 2008

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