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1.
something bad, not good, misleading, unpleasant, or just straight messed up
guy1: i totally broke your bowl(marijuana pipe)

guy2:dude thats loose butthole
by EASTSIDEGSALLDAY May 19, 2011
 
2.
Anything that is lame, weak, or not enjoyable in any way, can be summed up with the phrase loose butthole. Seeing as most people don't enjoy a stretched crack, this term should be reserved for only the most deserving moments.
" I can't believe i wasted $10 to see Battle: Los Angeles"
" Yeah that movie was loose butthole."
" The loosest!"
by BearssFan May 25, 2011
 
3.
1. Something that puts you in discouraging situations like bad advice from someone or hanging out with a douchebag.

2. Can be used to describe a crappy night/party/event.

3. Term used frequently by the main characters Blake, Adam, and Anders in the comedy central show Workaholics.
1. That tip you gave us was SO loose butthole man!

2. Person 1: Wow dude this night was loose butthole for sure.

Person 2: The loosest.
by Token Hippie June 01, 2011
 
4.
(adj)- A very bad situation
(n)- A sloppy joe that looks like shit that went through a wood-chipper
(adj)
Teacher- Hi whats your name?
Childs mom- This is your son.
Teacher- Shit
(Mom leaves)
Teacher- Well this was a loose butthole...

(n)
Child- What the hell is this?
Lunch Lady- Sloppy Joe
Child- Eww
Child 2- Whats for lunch?
Child- Loose butthole...
by Moh-Julien25 October 04, 2012
 
5.
butthole that is streched because it has been repetedly fucked or fingered.
person 1: "you see that guy"
person 2: "yeah, doesnt he go out with peter?"
person 1: "yeah. he has a loose butthole."
by buttholeeeeee March 20, 2010