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It is when someone screws you over; such as in the show Price is Right. You bet 1200, and the dick after you bets 1201, thus eliminating your chances of winning unless the price is exactly 1200.
I was gonna get a cream doughnut but the dick in front of me 01'ed me out of it. What a douche.
01 by Joe Name August 9, 2010
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01 is a year and some people ask on sanp if you will date that year of people
Will you date a 01

Nah dro no way that's to old
01 by Yesir105 November 7, 2019
The term '01' stands for 0121 do one, and is commonly used as a nice way of telling people to 'fuck off'. Generally '01' is followed by a derogatory term and is used by people who shorten almost every word in common tongue.
Person 1: "I might go for a drink tonight."

Person 2: " Just '01' then you mince"
'01' by Bodders91 February 3, 2012
A suffix attached to any noun to signify this subject as a prime example of said noun. Can be continued using only odd numbers to describe multiple nubs. for instance: noun01, noun03, noun09 etc.
Birl-01- The prime or first birl
"Oh ok asshole01 over here."-roughly translated 'You are the biggest asshole ever'
-01 by ResidentStump July 27, 2009
dsadad
%01 by boom yo moma January 25, 2023

01-21-DO ONE

reaction to being asked for your phone number by a person you do not wish to give it to ( a sket )
girl : i think you're really hot do you think i could have your number?

boy :here sure 01-21-DO ONE!!!!!
01-21-DO ONE by dj unlucky n mc messy September 30, 2009
01:11, the time at which you make wishes aloud and it still comes true.
Guy: I wish I could travel the world.
Girl: don't say that or else it won't come true.
Guy: it's fine. It's 01:11. My wish will still come true.
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