When a person says during conversation (in-person, voice chat, etc) the word as a question, "who?" And you check them midspeech with the "bastank!" and let them proceed as if nothing happened.
They've been hoobastanked!
Oh damn, Mr. Reynolds learned propermood management, "who??", "Mr. Re---", "bastank!" Hahah, you got Hoobastanked.
When you are having sex "doggy style" and all of a sudden you smell something (if one the people had not wipped themselves very well..) that smell is hoobastank
commonly used in lonely island's work, such as The 'Bu, starring Jorma Taccone (sexy), the incredible Andy Samberg and the lesser known (but still cute)Akiva Schaffer, according to him he is the director and doesn't get recognized at the screenings...so don't know exactly how this word pertains to the work...but you should know they use it alot.
HOOBASTANK!!! --Hot Rod when Rod Kimble wakes up from being knocked unconscious