When a homeless person(Hobo) pops through a classroom vent, door, window,any kind of opening, no matter how big or small or small beware...and instead of Code Red or Yellow or something, you standd up and yell "CODE HOBO" and everyone quickly gets up, digs into their pockets and offers spare change.
That, that is Code Hobo.
teacher: "yeah so class its thyme for math"

{Hobo peeks head through vent}

Mohammed: oi! CODE HOBO
ayon kay :v aweh ika-07 ng Disyembre, 2010

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