When you experience a loss and you are also a bozo.
Friend 1: My actions caused us to experience defeat at the important competition
Friend 2: L Bozo
Someone who is beyond loser and bozo and becomes both. Also usually gay
evan:I love men
chad:he is an l bozo
you couldn't think of anything else? wow I feel sorry for you you wanna be v1nce cuh
me: hey your father died!
Other guy: L bozo
This is a human being who is just a loser. For example, this person is just a cringy uncultured being.
Person: Wanna study?
Me: L bozo us cool kids don't study