A man with a very small penis, like real small, almost like not visible, like almost smaller than a goshargo.
Hey, look at that guy over there, he is such an ocwastaken.
I'm scared that my bf might be ocwastaken
LOB is a abbreviation for Lack Of Bitches.
pronounced as lob as in lobster.
Boy: Hey, are you in a relationship?
Boy 2: No, I have a LOB.