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stands for "Facebook instant message". It is a way of saying that u IMed someone on facebook with the bottom chat bar, but to avoid the confusion of them thinking that you used another thing other than facebook, like AIM or Ichat, to message the person.
Bob: WTF dude. i FBIM u yesterday and u logged off!

Dylan: oh sorry i didnt get it and i was leaving to work anyways

Bob: suuuuuuuuuuuure
Related Words
FBIM FBIMM
Girlfriend-Hey sorry but were over
Boyfriend-Idc about you, You know what? FBIMM!
FBIMM by LahueIsJuicy May 24, 2011