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A reference to something with an alcohol percentage but not a mixed drink. Mainly used to refer to liquor (example: vodka).
Guy: Hey man, did you pick up any bibby water?

Other Guy: Yeah, I picked up a mickey of Jack Daniel's and a 26er of Smirnoff.

Girl: Did you get some bibby water for Matt's party?

Other Girl: No, I got a bunch of coolers instead.
by MaWiMc August 05, 2008
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