a) part of a slice of ham overlapping the edge of the bread which is about to be placed in a toasted cheese sandwich and which could spoil in cooking if not carefully replaced;

b) parts of the 'labia major' jutting out of the side of a g-string and which take the form of an interesting fleshy protrusion
"Hey - Antony! Check out the ham overhang on my toastie before you put it in the Breville. Don't want it to spoil!"

"Sure, Fulsome. Sorry. I was in a world of my own thinking about that babe last night. When she walked by on the mezzanine I caught an eyeful of HER ham overhang!
by Jeremyhotpepper May 24, 2011
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a) the piece of a slice of ham which hangs outside the bread when a sandwich or toastie is prepared and, if not tucked back in, can burn and spoil the finished product.

b) parts of the labia which protrude from either side or both sides of the gusset of women's panties or g-string.
a) "Watch the other side of your sandwich, Horatio - there's a ham overhang and you don't want it to burn in the toaster!"

b) "Check out the babe with the tartan mini on, Ephraim - when she uncrosses her legs there's a clear ham overhang!"
by Jeremyhotpepper August 6, 2011
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