1. Something that puts you in discouraging situations like bad advice from someone or hanging out with a douchebag.
2. Can be used to describe a crappy night/party/event.
3. Term used frequently by the main characters Blake, Adam, and Anders in the comedy central show Workaholics.
1. That tip you gave us was SO loose butthole man!
2. Person 1: Wow dude this night was loose butthole for sure.
Person 2: The loosest.
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