Usually uttered by a very pissed off NCO when informed of something unsat(isfactory). A lengthened version of STAND BY, meaning to await further instructions, in this phrase, that person told to stand by better be trembling in their boots, have their shit squared away, locked and cocked and waiting for an asschewing.
"You better make sure that head (bathroom) is clean and the Gunny likes it or you can Stand the fuck by on getting out of here this weekend."
"STAND THE FUCK BY, DID YOU JUST TELL ME NO, RECRUIT!!!???"
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