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2.
1.to laze around at a particular meeting place for interactions between yourself and your peers

2.sitting down doing nuthing in particular, just being bored
Joe: hey Andy im bored, wanna go bum it?
Andy: fuk outh!

Chris: what have u been up to?
Bill: nuthing, just bumming it

John: Hey Mark how was ur daii todaii?
Mark: fukn gay, just bumed it
by Andy Andy June 27, 2008
 
1.
A term used to express how lazily you do something.
Jim: Hey, what are you doing for the weekend?
Bob: I'm just going to bum it and watch tv.
by connor1414 January 28, 2009