FOBO noun2 •(slang) Initialism of fear of a better option.The whole thing actually started with FOBO, or Fear of a Better Option. It was the term I came up with to explain the fact that everyone I knew at school was always looking for something better. — 2016 •(rare) Initialism of fear of bad outcomes.I have since adopted this strategy for myself to defuse FOBO. “Wouldn't it be nice if my presentation today went well!” — 2021