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A Hobbit's Worth 

When you have just enough gas to get there and back again.
Person 1: Are you sure you have enough gas to pick them up?
Person 2: Yeah, I've got about a hobbit's worth, we'll be fine.
A Hobbit's Worth by CodenameTex December 2, 2016
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Giving a Hobbit 

When a person is sleeping, either shave your pubes or theirs, cum on their feet while they're sleeping, and then sprinkle on the hair, thus giving a "Hobbit-like" apperence
"Yeah, I was with this girl I didn't know last night and we hooked-up, we were drunk. Anyways, she passed out after we had sex, and I decided on "Giving a Hobbit" while she was sleeping, you should've seen the look on her face.
Giving a Hobbit by Kostar November 27, 2007