Term from the early 60's used to discribe just sitting around and not doing anything.
I went to the park and grabed a hobalob
by marek May 12, 2004
Its when you got stuff to do but you decied to forget it and just hobalob.
Jay was going to get a job today but instead ended up grabbing a hobalob at Mike's place.
by Twanky3000 May 15, 2004