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A derogatory term for one of gay, lesbian, bisexual or transgender denomination; derivation of GLBT (GLoBbiT).

Also, glabbit.
Bartender: Sorry, guys, there's four of you but only one stool. Guess you'll have to go someplace el-
Homosexual 1: Let's flip for it!
Homosexual 2: No, let's flip it over!
Homosexual 3 & 4: Yay!
Bartender: Get out, globbits! You're barred!
Globbit by Daishonin March 3, 2009
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globbits 

fuck, shit, arse, bugger, oh globbits boney has disapeared.
globbits by Tom Thirwall August 30, 2003
Related Words
karene is a gnobbit.
gnobbit by robbie lew August 17, 2008

Globbing 

Another (more accurate) term for a girl on her period.
"Be nice to Rosie for the next few days, she's globbing right now."

"Periods are disgusting, all that glob just falling out of me"
Globbing by Gooberpls September 4, 2013
Glabbit = G.L.B.T. = Gay, Lesbian, Bisexual, Transgender.
PAT: Cris, did you go to GLABBIT FEST?

CRIS: No, I met a peep at the gay bar named Kelly. Kelly looked like an endygid fully clothed.

PAT: Endygid?

CRIS: Yea, No Discernible Gender Identification. Anyway, clothes off, Kelly turned out to be a crotchless eunich -- born that way. No penis, no clit, no vagina, no balls. Just a pee-hole and a butt-hole. No tits, no beard.

PAT: So, what happened?

CRIS: Kelly gave me an H2 blowjob, and I went Saddam Hussein on the eunich. What Kelly got out of it -- I have no idea, but, I came fuckets bro!
Glabbit by Joe Saladbar June 19, 2006
G.L.B.T. = Gay, Lesbian, Bisexual, Transgender.
Extended Grace of Grand Haven, Michigan does NOT discriminate against Glabbits. Everyone is welcome!
Glabbit by Jeff & Sarah June 23, 2006
A blowjob that ends with the male cumming in the female’s throat.
Guy 1: Did she end up giving you a gobbie?
Guy 2: Yeah, but it ended up being a globbie. I don’t think she minded though.
Globbie by TurtleManZ January 11, 2019