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1.
A sexual encounter usually during the mid-day. Usually during lunch time, one would leave work or school to meet someone for a "quickie" then return to work or school. Hence the term "Bagged" lunch
1) Meeting Leah for a bagged lunch today.
2) Heading home today for a bagged lunch.
3) Just had a bagged lunch with a co-worker.
by Pabst blue September 02, 2009
 
2.
This is a version of the hot lunch or hot karl. You defacate into a tube sock and then proceed to hit someone over the face multiple times with this poo-filled specimen.
Last night Vinnie wanted this girl he had fucked to leave his place. While she was asleep in his bed, he gave her a nice bagged lunch to finally get her to leave. She would never forget this experience the next time she placed her foot in a tube sock, with the fear of stepping in fecal matter.
by Tizzell April 06, 2006
 
3.
jerking off into a condom
she pissed me off so i sent her home with a bagged lunched
by rodan October 14, 2004