Top Definition
LBO
(FINANCE) leveraged buy-out; when a takeover artist like Kohlberg Kravis Roberts & Co (KKR) arranges to borrow huge amounts of money at high interest, buy a controlling interest in a corporation, and then replace the management so its more profitable. The new profits then pay off the cost of buying the company.
Usually a takeover artist requires a vehicle corporation to carry out an LBO. For example, T. Boone Pickens used Mesa Petroleum against Union Oil in the 1980's.
by Sorry, the good guys lost September 02, 2010

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To twist an L-Bo means to roll a blunt.
"Yo, G said go twist an L-Bo!"
by GeezyG February 19, 2014

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LBO
Lay Bitchez Out
Ready to LBO during tonight's game?
by jaydawg3000 November 15, 2009

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LBO
Meaning Lets Bang out

LBO is a gaming clan on PS3
dude LBO is the best clan ever
by LBO_KILLJOY May 15, 2009

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