Australian slang. It means to run really fast. Extension of bolt. Probably comes from how fast you will run when you are busting for a piss.
"Frank pissbolted to the getaway car before the cops arrived"

"You should have seen that kid pissbolt out of there"
by Afstra September 07, 2004
1 Word related to pissbolt
To exit quickly. (aussie slang)
I was fucking her mum when she walked in, so I had to piss bolt so she didn't find out it was me.
by tunners November 04, 2007

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