N- A leaky lil Goat is formed by placing your cock and balls between your legs(ie: Fruitbasket)bending over and urinating.
Origin: A CSU Pueblo hippy tree-hugger term derived from a hippy tree hugger song written by a hippy tree-hugger.
Syn: Juicy fruit basket
Two fellas rock climbing
fella 1: Hey its not suposed to rain today.
fella 2: (looks up)That ain't rain, Its Greg's Leaky Lil Goat. You fucking MeatGazer.