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1. Originally referred to poor, homeless itinerant workers in the USA. These original hobos travelled from town to town seeking temporary employment, usually along the lines of physical labour. They are traditionally associated with freighthopping (illegally riding in the carriages of freight trains). See also drifter, vagabond and okie.

2. Nowadays commonly used throughout the English-speaking world to refer to any homeless person. See also bum, tramp and beggar.
Traditional hobos are often romanticized in popular culture, for example in the books "Of Mice and Men" by John Steinbeck and "On the Road" by Jack Kerouac and in the music of Woody Guthrie.

The portrayal of modern homeless people, however, is usually much less favourable, with a widespread belief that homelessness is self-inflicted and that these "bums" should "just get jobs".
by backpacker_x2 February 15, 2011
hobo = Home Owner Bought Out

it is the acronym for people from 'the Great Depression' who lost their homes when the banks called their loans due (as per the terms of the loan).

All legal, but totally sucks.

Has come to mean many things, mainly derogatory.
Bank: "Mr. Smith, your loan has come due and we are not able to extend you any more credit."

Mr. Smith: "What can I do? The plant closed, my kids are sick and my wife ran off with the ex-plant manager."

Bank: "That's not our problem. Leave or the Sherif will remove you."

Mr. Smith: "Well kids, it's off to the poor house for you, Daddy's a hobo now."

Kids: Boo, hoo. . . .
by JP4u November 17, 2009
A hobo is someone without a house or a job. They will work, though. You most commonly hear of hobos living in boxes, but some hobos live in homeless shelters. in the old days, you hear of hobos hiding on trains. that doesn't happen very often anymore. hobos often stand outside with signs that say "need food" or "homeless anything will help".
I have $5 and i can either spend it on a tasty sandwich, or give it to that hobo. hm, i think i'll give it to that hobo.
by hoboinmycloset April 15, 2009

Helping Our Brothers Out

A lifestyle in which, preferably all of your friends are included , meet a new group of girls and introduce them too the rest of the group.
A) Lets introduce our friends to these girls we met last night.

B) Lets bring our friends to meet those hot girls from last night, yea we sure can we are pushing H.O.B.O. into effect.
by pimpinsince84 May 30, 2009
Random people on the street who constantly ask you for money. when you do give them money they spend it on drugs and alcohol. This is when you pascal them and kill them
Joe:Hey Bob did you see those hobos on the street the other day?

Bob: Yeah I did someone mustve pascal'd them. Then MURDERED THEM!!!
Joe:Probably because they took the epic beard man's money and were going to use it on alcohol.
by bobo the monkey guy June 04, 2012
a friendly person usually foun on the street. there can be many differnt hobos.
hobo on da street, town hobo, city hobo, dumpster hobo
by booshloub November 14, 2010
An extremely awesome man (or woman) who lives on the streets of a nearby town or city. They like having children sit on their laps and occasionally enjoy a moonlit stroll in the park with a fellow friend.
That guy is awesomely living on the street; he must be a hobo!!
by Brikiquita April 25, 2010