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1.
v. to lead on a wild goose chase without any potential reward

also:

n. a ditsy, overly-flamboyant bitch that does the above action

Origin: Denver-area slang
Bro #1: "Dude, she grizbo'd me again last night!!"

Bro #2: "Awww man, I warned you about her!! But I still cant believe shes been leading you on for so long and hasnt put out!!"
by take1mulligan69 March 24, 2011