a statement or idea (not necessarily presented by a crackhead) that is extremely extensive in nature and ridiculous in realilty.
often preceeded by: "i believe", or "don't you think", or "whould it be a good idea to...."
(often presented under the influence of drugs)
person1: the free masons rule the world
person2: thats a crackpot theory if i ever hurd one before
a definition meaning gay/ homosexual and can be substituded for the word at any time or place(to speak in code)
also can be used as JABBY which is the behavior of, or actions, or even the feeling of a gay person
Aaron is so JAB i swear i saw him giving head head behind McDonalds, but he is noe hallf as JABBY as Brittian...