The notch on a nigger's belt that ACTUALLY holds their pants in the right spot without assistance so they can have both hands free to remove belongings from a location that may not necessarily belong to them.
"Yo, nigga, remember when all them nigga's was lootin' Wal-mart the other day? I was there, nigga! Shit, you know I had to use my loot-notch
cuz this nigga had to carry a 32 inch TV!"
To acquire something for free, or with little-to-no effort, whether it be by stealing, conning, or given to you.
"Say, man, where'd you get that new phone?"
"I 'bama'd it from some 'ol lady last week."
"Did you know you can bama that shit on the real if you tell 'em you ain't make no money?"