(fob) noun
1. A watch pocket in the waistband of trousers.
2. A chain or ribbon hanging from it; also, an ornament on a watch chain or ribbon. [Cf. dial. G fuppe a pocket]

(fob) v.t. fobbed, fob·bing Archaic
To cheat; trick: also spelled fub.
—to fob off
1. To dispose of or palm off by craft or deceit.
2. To put off; attempt to placate, as with promises. [? <FOB¹]