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a universal term for almost any given situation or emotion. Usually a great response to lobby bar is "Right in the Fuckin Lobby" Normally conveying satisfaction, "lobby bar" is applicable in situations where there is intense agreement. Basically the term "lobby bar" is well..... lobby bar.
Person 1: Hey so we're going to meet up with a couple of the honey dips for drinks at the Delano.

Person 2 oooo Lobby Bar!

Person:3 Oh yea, right in the fuckin lobby.
by Segretto May 15, 2006