An irc (Internet Relay Chat) meme that originated from #kbo, a well-known chat available through said irc.
It is most commonly used to replace the phrase "owned".
It is most commonly used to replace the phrase "owned".
by SomethingDifferent July 25, 2012

Inside the Waistband
A weapon holster worn Inside the pant's WaistBand.
OWB is worn Outside the WaistBand
A weapon holster worn Inside the pant's WaistBand.
OWB is worn Outside the WaistBand
by 92Bravo January 03, 2008

by Saxifrage May 25, 2005

The name given to an individuals Facebook account with which they use to follow members of the opposite sex in order to achieve sexual arousal.
Example 1:
Boy - "How would you like to become a member of my IWB?"
Girl - "Sure! What is it though?"
Boy - "Never you mind...."
Example 2:
After a tiresome day at work, Dave relieved himself with the aid of his Interactive Wank Bank (IWB).
Boy - "How would you like to become a member of my IWB?"
Girl - "Sure! What is it though?"
Boy - "Never you mind...."
Example 2:
After a tiresome day at work, Dave relieved himself with the aid of his Interactive Wank Bank (IWB).
by IWB April 12, 2013
