1. dirty wool around sheeps bum.
2. An unfashionable person.
2b) term of endearment for a unfashionable person that tells corny joke.

Whether it is a term or an insult depends on the context.
"John Travolta is such a dag!"(term of endearment)
"God you are so daggy." (insult)
by K.C.D.L. May 26, 2004
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affectionate insult for an odd, idiosyncratic person
He's a bit of a dag but we love him.
by Hamish Alcorn April 25, 2005
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DAG: noun 1a. (usually in the plural) a lump of matted wool and faeces hanging from the rear end of a sheep; b. such a lump cut from a sheep. 2. a person (primarily male) who is regarded as something of a ‘character’, eccentric but entertainingly so, a wag. 3a. an unfashionable adolescent. b. any unfashionable or non-stylish person.
I told you to shear the dags off those sheep Bruce not turn 'em into bloody dredlocks! You bloody dag!
by Dagalicious December 12, 2003
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NZ/Aus : turds hanging off the rear end of a sheep
Watch him rattle his dags. Can be used for a person. Oh, the president is giving another press conference. Let's watch him take a question that'll rattle his dags.
by Murray Haldanish September 30, 2019
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means dang or whoa (can be positive or negative)

must be said very casually; can be used to express sympathy, surprise, awe, and many others.

must drag out the "aaa"; not too long, but so it isn't too short; like a crowd at a magic show going "Oooo...Ahhh..."
"Look at those titties ... dag."
(House across the street explodes)- "Dag."
"Grandpa just died? Dag."
Man 1: "I have to write a 1000 page paper on the life of Tony Danza."
Man 2: "Dag."
by Beef Jerkin April 19, 2004
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piaki (gypsy) version of dog
d'ya lie dags?
by iain October 6, 2003
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the longer hair at the top of an animals rear legs,especially sheep,where excrement may collect.
the sheep need dagging,they are covered in crap
or;
the sheep need their dags cut
by kkattastic November 4, 2009
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