live one /ˈlaɪv wʌn/ noun3 •(informal) A person, thing, or situation which is particularly interesting, noteworthy, or urgent."We got a live one here," he said as he speeds up in pursuit of a car. — 2007 •(informal) Someone who is eccentric, nonconformist, or otherwise peculiar.They've got a live one in the crowd, he's scary, he looks dangerous, demon possessed, he doesn't know who he is, he speaks in strange voices. — 1997 •(informal) Someone who is easily fooled, victimized, or ridiculed. formslive ones