n. Refers to a despicable, dangerous, dangerous gay. The term is derived from a hallmark move of 17th century fagdom. One homo would hold another homo's nut sack between the tips of his fingers and proceed to nibble while making an "eheheeheehe" sound like a diseased chimp who just woke up next to a fat chick.
Related terms: nibble scrotum (v.)
scrotum nibblery (n.)
Faggotus, the gay, enjoyed licking penis, while his jew lover, Shlomo "$2.7566 entry fee" Penus, was more of a scrotum nibbler.