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A phrase directed at someone meaning for them to go find something else to do or get lost usually due to being extremely annoying.
Scumbag Steve: "Hey man, can I borrow some money I forgot my wallet."

You: "Hoop it."
hoop it by Douchebag Don March 5, 2011

hoop it up 

Hoop it up means to have maximum fun in an urban environment for one or two days. In other words, spending cash, drinking bottles, pushing hot women and cars and then going back to being a "real" person.
How can "hoop it up" be used?

Person 1: What are you doing this weekend?
Person 2: I am going to Chicago on Friday and Saturday.
Person 1: Are you going to "hoop it up" when you are there?
Person 2: Yes, I emptied my checking account.
hoop it up by Extra Regular December 29, 2007

hoop it up 

Going out on the town and spending money on fun, drinks, women, clubs, cars ect. and holding nothing back.
Male 1: What are you doing this weekend?

Male 2: I am going to Chicago?

Male 1: Are you going to "hoop it up" while you are there?

Male 2: Yes, I am.
hoop it up by Extra Regular December 1, 2007

hoop it up 

Means to go and play basketball on a court, usually in the late afternoon to early evening. Mostly played by middle class men.
Obama: Hey Am I going to see you hoop it up later man?
Emanuel: Yeah yeah, fuck off.
hoop it up by shadowyguy May 17, 2011

Hoop there it Is 

A phrase used with basketball, and was overused in the 90's thanks to the song "Space Jam" and the song that accomponied it.
Hoop there it Is by DANEEE September 25, 2008

Hula hoop tricks on it 

Someone you find incredibly attractive/ Someone you would vigorously ride.
See that guy over there? Hula hoop tricks on it.