hobo = Home Owner Bought Out

it is the acronym for people from 'the Great Depression' who lost their homes when the banks called their loans due (as per the terms of the loan).

All legal, but totally sucks.

Has come to mean many things, mainly derogatory.
Bank: "Mr. Smith, your loan has come due and we are not able to extend you any more credit."

Mr. Smith: "What can I do? The plant closed, my kids are sick and my wife ran off with the ex-plant manager."

Bank: "That's not our problem. Leave or the Sherif will remove you."

Mr. Smith: "Well kids, it's off to the poor house for you, Daddy's a hobo now."

Kids: Boo, hoo. . . .
by JP4u November 17, 2009
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A hobo is someone without a house or a job. They will work, though. You most commonly hear of hobos living in boxes, but some hobos live in homeless shelters. in the old days, you hear of hobos hiding on trains. that doesn't happen very often anymore. hobos often stand outside with signs that say "need food" or "homeless anything will help".
I have $5 and i can either spend it on a tasty sandwich, or give it to that hobo. hm, i think i'll give it to that hobo.
by hoboinmycloset April 15, 2009
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an old school term used to romanticize folks who have been chewed up and vomitted out by a dysfunctional economic, and political system and are then ignored, lionized, criminalized, or are further abused.
people who blithely accuses hoboes aka
homeless of being drug (including boos)
addicts are either ignorant, blind, or
both
by matt October 22, 2004
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character from my horror movie, lives in train, some are nice (singing hoboes) and some are evil (stabbin hoboes) singin hoboes help you capture stabbin hoboes, and stabbin hoboes you can't see or hear, only smeel, but then it's too late and the knife is up you ass.
is that hobo singing or stabbin? ahhhhhhhhhhhhhh!
by Stoner June 7, 2003
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When you do something "Homeless" you gotta say "No Hobo" after doing it.
Hey Tommy, can i have half of your sandwich? No hobo of course.

Hey can you get me that orange by your foot? No hobo
by Jaskade February 21, 2010
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When you are doing something that would be often perceived as characteristic of a homeless person, interject the phrase "no hobo" to make it cool. Similar to "no homo."
Person 1: Can I have a quarter?
Person 2: Get a job bum
Person 1: No Hobo
Person 2: Aight bro



by Eamon Anderson July 14, 2008
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Abreviation of Homeward Bound, soldiers returning from the American civil war were called Ho Bo's
There goes a Hobo, bound home from the war.
by OK October 8, 2003
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