1) A lament over an unfortunate situation
2) A negative description of an individual
3) An expression capable of being used in any situation to denote anger, sadness, solemnity, fear, or masked joy.
1) I can't believe I can't have bulgogi tonight. What a bust!
2) Luke smells like kimchi. What a bust!
3) What a bust.
by Ray Li November 9, 2007
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