2 definitions by Bagofdouche

A combination of the name "Lou", "Louis" or "Luis" and any or all of the following:

Scumbag, Douchebag, Shitbag, Dirtbag, Ballbag etc

frequently seen in the company of mudsharks

Whatever you do, don't loan Loubag money. You won't get it back.
by Bagofdouche March 25, 2008
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An unknown, yet extremly important member of the Middle Eastern Terrorist team in multiplayer games in the video game Call of Duty 4.

when you are playing as the terrorists, and your team starts to lose, an arabic-accented voice will frantically yell out "WE HAVE LOST KHALID!!!!". When and if you start to win again, the same arabic-accented voice will say, in a much more calm and optimistic tone, "We have taken Khalid."

Simply put, when you have lost Khalid you cannot win the game, and if you have Khalid you cannot lose.

Why Khalid is so important to the COD4 terrorist team is unknown.

It is rumored that when Khalid isn't working as the unknown yet crucial member of the Call of Duty 4 terrorist team, he works at Durks, a popular middle eastern food stand in Manhattan, NY on the corner of 53rd street and 6th avenue.
We have lost KHALID!!!
by Bagofdouche March 25, 2008
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