a hobo spends their time riding the rails and is happy with a bottle of beer a gutair and some friends. hobos are not at all to be confused with bumbs and tramps because they are unhappy and bitter about their homeless state and hobos are happy and they make the best of their situation
nothin beats the hobo life stabbin folks with my hobo knife
by hobo man February 05, 2004

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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

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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

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n. Habitually poorly attired soul who has chosen to sink below society's infrastructure into a murky world where freedom is all.

................................................
So, you coming to the Debutante Ball?

No, I see myself as more of a hobo than a debutante.
by gelpy1 January 01, 2015

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People who I make friends with daily just cause they ask for a light or a cigoweed
ya heres a light ho-bo but don't touch me
by navaHO! June 29, 2006

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n. Habitually poorly-attired soul who has chosen to sink below society's infrastructure into a murky world where freedom is all.

....................................................................
So, you coming to the Debutante Ball?

No. I'm going to put some filthy clothes in a sack with a soggy loaf of bread and get into the hobo life.
by gelpy1 March 07, 2015

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A homeless person. This word is usually used by people who do not have sympathy for homeless people. Someone who runs a homeless shelter would never use the word hobo.
You're seriously wearing plaid? It makes you look like a hobo, Jesscia.
by Emmaedamae October 28, 2014

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