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The act of being super wasted and making harsh decisions without thinking.
John: Dude Mark is so billyed right now

Kevin: I know... he just broke up with his girlfriend because she didn't answer his text in the first 5 seconds he sent it.
billyed by meiselperrin December 1, 2013
Related Words
To look in your pockets for an item, to find its not there, and then begin to frantically search everywhere to finally find said item was in your pocket all along.
I just spent five minutes looking in my room for my key and it was in my pocket the whole time! I bilboed out, big time!
Bilboed by Basil Johnson October 27, 2011
Being fucked on speed or base.
"Maan Sam's really billyed look at her jaw"
"Mate I mega billyed last night banging billy wahey"
Billyed by Fkyamun55 September 13, 2020