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1. A hoola-hooping hobo.
2. A bowling Hobo.

It is used as a pay out.
Geez abbey your such a hobola
by Hannah73 September 04, 2008
A derivative of the word hobo meaning a homeless person who bowls and eats large quantities of chicken noodle soup.
Oh wow, I can't believe Hannah is a hobola. That's why she always smells like soup.
by amberleyy. September 04, 2008