Stands for "Fresh Off the Boat." An unpleasant referral to Asians who can't speak or understand English very well. Comes from the old days when Azians used to arrive in America on a boat.
Can also be used as an adj. FOBULOUS
Ay, foo. Gimmie yo name e numbah!
"Geez, Loc be hella FOBULOUS when askin the honeys out, yo."
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