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An acronym standing for "I feel bad for you," commonly used when a person says, or does something extremely embarrassing.
Guy 1: "Dude there was so much free stuff at that party! When I was about to leave I nabbed some Cokes for the road!"

Guy 2: "Nabbed? IFBFY."
IFBFY by Hugh Jetesticles October 14, 2011
Related Words
ifsbfy IFBFY ifsfy
You: Dude, that girl I met last night had clamidia!
Me: IFSFY bro.
ifsfy by pseudonym42045461567 April 13, 2014