Final answer:
The acronym FUBU stands for 'For Us By Us.' It was founded by Daymond John in 1992 to represent African-American culture and style in mainstream fashion.
Step-by-step explanation:
The acronym FUBU stands for For Us By Us. This was a fashion brand founded by Daymond John in 1992, which he started by mortgaging his house. The name represents the brand's ethos of being a clothing line designed by African-Americans for the African-American community, although it has since gained a much broader appeal. It was a key player in bringing the urban streetwear movement to the mainstream fashion world.