Bilbo Baggins

A sock full of sand.

I call this sock full of sand bilbo baggins because it looks like a bag and when I was like 5 I had recently watched the hobbit and heard bilbo baggins.

Honking Bilbo

When you stick your big toe (bilbo) in a guys ass and honk a tit of another person at the same time while masturbating with the free hand

Thanks for coming over last night frank, that honking bilbo was the best orgasm ive ever had.

Bilboed

To look in your pockets for an item, to find its not there, and then begin to frantically search everywhere to finally find said item was in your pocket all along.

I just spent five minutes looking in my room for my key and it was in my pocket the whole time! I bilboed out, big time!