/bliv'*t/
[ allegedly from a World War II military term meaning "ten pounds of manure in a five-pound bag" ]
n. 1. An intractable problem.
2. A crucial piece of hardware that can't be fixed or replaced if it breaks.
3. A tool that has been hacked over by so many incompetent programmers that it has become an unmaintainable tissue of hacks.
4. An out-of-control but unkillable development effort.
5. An embarrassing bug that pops up during a customer demo.