Often unneccesary and overdone makeup, hair and jewellry. Refers to an unatural shimmer usually put on by women trying to impress men but failing to do so. Using a southern intonation to imply one must be stupid to take the "bait".
Tom-"Jesus look at Shirley!"
Lance- "That is a lot of jewelry she is wearing."
Kyle-"That is faincybait boys, faincybait."