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Fear of better options. Typically happens to many people, especially millennials who are presented with a lot of choices. Their mind has a difficult time deciding which one is the "best" to choose from and are afraid of settling for the "wrong" choice. This can happen when choosing an item at a restaurant, a career or even a romantic partner.
Janelle: Amber just started dating a new guy....again..
Allison: What happened between her and David?
Janelle: Nothing, he was great, but she dumped him and got someone better.

Allison: That girl will never settle down. She's got FOBO fever.
FOBO by Digital Dreams November 9, 2019
Related Words
to fuck our brains out
FOBO by STEVE October 24, 2004
Someone who dresses up as a hobo to beg for money on the streets during the day, and then goes home to a nice house and family at the end of the day.
A fake hobo.
"Dude, I just watched that hobo put on full motorcycle garb and drive away on that BMW bike. He's GOTTA be a fobo."
fobo by lumpybutt4000 December 23, 2008
Come over to my place this weekend. We’re having a FOBO.
Fobo by Jdoggydawg May 2, 2019
A faux beau or fake boyfriend. He sort of looks, acts, and plays the role of a boyfriend, but you don't see a future with him because he's not what you're looking for in a long-term relationship. Also known as a "placeholder."
"Hey, Angela. Is that your new man?"

"Nah, he's just a fobo."

faux beau placeholder boyfriend
fobo by no_mo_foboz October 14, 2011
People, usually ‘bros’, who fancy themselves ‘different’ or ‘artsy’ but are really just shallow stoners. Faux-bohemian.
That douche is a real FoBo.
FoBo by MayorOfToppyTown January 10, 2020