When someone doesn't bother to open or read their bills, they instead let them pile up, or the bills are carelessly thrown away; someone who only realizes they need to pay a bill when services are shut off due to their neglect to pay on time.
Bob: Dang, I guess our power just got shut off again.
Dave: That's not cool bro, the Superbowl is on tomorrow! Didn't you pay the electric bill?
Bob: Is that the blue one in the pink envelope or the pink one in the blue envelope?
Dave: Neither! Are you friggin billiterate??
When someone is being stupid or dumb and there persona is one in the same as a bitch. The B stands for bitch and illiterate is in reference to the stupidity of the person.
Tyler scored a 68% on his test and called Alyssa a dumb fuck. He is so billiterate.
Ruler of Lake Titicaca. Rumored to have a bunghole that gets very angry if it does not receive toilet paper. Cornholio the Great is often seen walking around with his shirt over his head and his hands in the air, chanting songs about his power, and his bunghole.
"I am Cornholio! You do not want to face the wrath of my bunghole, for I need TP!"
Butthead: Shut up, Beavis! (uh huh huh huh)
Beavis: Um, okay. (heh heh heh heh).