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It is similar to the popular phrase, no homo, in the sense that No HoBo is a defensive-response mechanism. This means that No HoBo can clear ones own slate of any susceptible homeless-like qualities that has previously been placed on trial before your respective peers.

Adequate Times To Utilize No HoBo:
1. When you asks for money, food, or in a rare case clothing.
2. When you bother a cashier at a place of business to supply you with an item for free.
3. When you abuse the kindness of others as a means to get by in life, while barely presenting (if presenting at all) an equivalent exchange.

Caution : USE WISELY AND SPARINGLY, "NO HOBO" CANNOT SAVE YOU EVERYTIME WITH EVERYBODY.
Guy: what up, man.
Guy 2: nothing much, just trying to get by. If i dont make this payment on my car, its gonna get repossessed. Then I won't have a way to work and get fired and lose my house and be out on the street and probably start sucking dick to get money...No Homo

Guy: yea i feel you, i feel you....you think i can borrow $117, No HoBo
Guy 2: Alright man i got you, just get it back to me before i hit the unemployment office
No HoBo by IllusTreyte June 25, 2010
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hobo espresso 

Sticking your thumb in someones bum. Just as effective as espresso at a fraction of the cost!
Person A: *yawn* I'm so tired.
Person B: Sounds like you need a hobo espresso!
hobo espresso by Castoro January 3, 2009
Related Words
A hoboett is a child hobo
Awwwww, ain't that cute, those hoboetts are fighting over a bottle of cheap liquor.
Hoboett by Big Pig June 14, 2005

hobo your way

to amble, meander, move, hitchhike or otherwise get your ass moving to a pre-specified person, place or thing.
Person A: Y'all don't want me to come over there and start some shit.
Person B: Well hobo your way on over here den!!
hobo your way by Jasona December 18, 2005

Hobo Triangle 

When three young travelers decide to forgo traditional lodging in favor of finding a somewhat secluded area in which to sleep outside. They then form a triangle with their bodies, head to toe, with their possessions in the middle to prevent theft. A variation of the hobo triangle includes building a fire in the middle.
Traveler #1: Did you guys make it back to the hostel last night? I didn't hear you come in.

Traveler #2: No, we just formed a Hobo Triangle down under the pier to save some cash.
Hobo Triangle by LaChLaN-m February 20, 2009

Hobo Slide 

hobo Slide |ˈhōˌbō - slīd|
noun ( pl. -boes or -bos)
verb ( past slid |slid|) intrans.
accidentally sliding on a homeless persons feces on a sidewalk or public place; an act that brings one closer to being a hobo.
• trans. move along a surface on feces in such a way : she slid on the crap on the sidewalk.
change gradually to a worse condition or lower level : the countries economy is on a hobo slide: he grew a beard and has holes in his shirt, he's on a hobo slide.
ORIGIN early 21st cent.: an Indian girl in San Francisco muttered the words to a friend as she attempted to eat ice cream.
PHRASES
let something slide negligently allow something to deteriorate : The dude had tape on his glasses, he's on a hobo slide.
Hobo Slide by Frankybobanky April 20, 2009

Hobo's Wine Glass 

20 oz. water bottle with the bottom cut out.
"Hey man, we're out of cups."
"No problem, here's a bottle, make a hobo's wine glass!"
Hobo's Wine Glass by Turlook May 24, 2009