any kind of vehicle that has tons of problems and possibly will explode at random.
Yo dawg I was cruisin on the highway when I raced a corvette ZR1 .. I was pullin on that guy mad easy until my motor blew !!!! This mazdaspeed 3 is such a peice of failboat.
by scatt nasty February 16, 2010
the ultimate of a failure. one who can do nothing positive in life and one who only has more failing to look forward to in life.
you puppy is a failboat for peeing in my bed.
by #1 failure July 05, 2009
The method of transport by which your friend travels/may be captain of.
You: My god, Mikey is so the captain of the Failboat.
by Count_Maniacal February 11, 2009

Free Daily Email

Type your email address below to get our free Urban Word of the Day every morning!

Emails are sent from We'll never spam you.