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1.
Word mainly used by little punk ass wanna bes referring to somthing cool but only sounding as stupid as they look.
Little homie said he has the bomg diggity stuff. we all laughed as he got on the short bus.
by SIDETRACK November 04, 2004
 
2.
Awesome; cool.
also used as bomb diggity as an adjective
"Dude! You have a Bomb diggity Shirt!"
or "Dude! Your Shirt is bomb diggity yo!"
"Sparky the snowman in Bomb diggity yo!"
"Sparky is the Bomb Diggity snowman!"
by Amy December 11, 2003