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Noun: USMC slang for liberty, which is any time you have off of duty or away from work.
DUDE: Where you going on libbo man?

HOMIE: I'm picking up ole rottencrotch and headin to TJ Dude.

DUDE: Cool beans man, can me and the skank catch a ride?

HOMIE: Sure Dude, but you're buying the gas.

DUDE: Not a problem.
libbo by old balls January 10, 2008
Related Words
Let my Bum Bum out ! lyou say it on msn

when someone you don't know talking with you!
1: hey

2:who the hell is this?
1:it's shane
2: i don't know you

1: asl
2:LMBBO ! ignored !
LMBBO by YUS YUS BUM BUM September 4, 2010

Libbotronatorfier 

A nickname for a totally awesome chick who is really awesome.
Guy 1: Hey you know Libbotronatorfier?

Guy 2: Yeah, she's mad!
Libbotronatorfier by boogerh7 November 23, 2010
Laugh my iddy bitty tiddies off
Friend 1: “sends hilarious meme”
Friend 2: *texts* “lmibto”
lmibto by coolbeans37272 May 27, 2020

Almost Libbo 

Phrase said among the U.S. NAVY and U.S. MARINES personnel to remind others or oneself that “Libbo” slang for Liberty (authorized permission to go out without using leave) is soon too come.
Corpsman: “Doing these inventories f**king suck!”
Battalion Aids Station: “Tell me about it, least it’s Almost Libbo”
Bluefalcon: “Hey gents, I put you two down for duty this weekend