Just as serious as "Grand Theft Auto" in some cultures. This is when two buddies are trying to pull off the eiffeltower or any other 2 on 1 maneuver and some other guy(s) come(s) along and steals her away.
Dan: That bitch was ours dammit! I was as horny as a goat on weed for that scallywag!
Nicholas: Yeah what the hell is Zack's problem?!
Dan: That's Grand Theft Our Hoe, first degree.
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