Definition
Ultra-cheap, brutally potent hard liquor that tastes like rocket fuel filtered through regret—the kind of drink that makes you question your life choices immediately.
Example Usage
We grabbed a bottle of that hobo loko from the corner store and immediately regretted it after the first sip.
Source: Urban Dictionary (https://www.urbandictionary.com/define.php?term=hobo%20loko&defid=18739768)
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