A combination of calling your friend a dude and bro at the same time, you don't know rather to call your friend a dude or bro and it just slips out being called Bude.
*At Waffle House
Man one turns to man two: Hey Bude guess what?
Man Two: did you just call me Bude?
Man one: I think I did I was going for a combo of both bro and dude
Man two: Bude we need to start saying this
When you call your friend a combination of both dude and bro.
Bude last night was so lit!