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1.
Pronunciation: WHOSE-BAN-DOH

An attempt to mirror the weeaboo language waifu by similarly weeaboo-fy the word "husband". Although unlike waifu, which was selected due to the fact it can be written in weeaboo-nese ("WA", "I" and "FU" are all Japanese syllables), it is unsure what it is that users of the word husbando were smoking when first coming up with the term, as husbando does not break down into Japanese syllables. When attempting to pronounce it in the same way as "waifu", it would sound closer to "who's bando" rather than "husband".

If anything, the weeaboo-fied word for husband should be something along the lines of Hazubendo

But as of right now husbando stand as a magnificent monument among weeaboos for their amazing cultural sensitivity.
POLL: WHO IS YOUR WAIFU OR HUSBANDO?

I love Lelouche, my husbando
de Gulfion 20 novembre 2013
 
2.
A term of endearment, usually from a female towards a male, signifying affection. Sometimes used to convey a desire for a more intimate relationship.
Girl 1: "Ooh, I want to ask him to be my husbando."
de Knik Knak 23 juin 2009
 
3.
A horrible, incorrect way of saying husband in Spanish, typically by people who do not know the language and are grasping at straws, are speakers of Spanglish, or who are trying to make a joke.
Girl 1: I no have no husbando, okayo?
Spanish speaker: Que?
de ParadiseElement 27 mars 2014