Top definition
Like a sailboat, but it phails (fails).
LOL LOOK AT THE TITANIC, IT'S A PHAILBOAT!!
by Hannahlawlz November 04, 2008
Get a Phailboat mug for your boyfriend Manley.
Apr 28 Word of the Day
Literally everyone, ever. Including the writer of this definition.
by masokitsune January 17, 2019
Get a stupid people mug for your papa Manafort.
2
(verb) the act of an EPIC fail or the act of committing celebration.

If said once daily, superstitious believers think that it brings amazing luck to you and all that you love.
-"Let's commit celebration!"

(*committing celebration fails*)

-"That was phailboat"
by The Akid June 23, 2009
Get a Phailboat mug for your Facebook friend Trump.