Top Definition
Very Saggy Vagina Lips Also known as "Saggy Bacon" or " The Clapping Hands"
Dammit Lou Bags.

Shut up Bags.
by Sheeping sheep December 05, 2008
A combination of the name "Lou", "Louis" or "Luis" and any or all of the following:

Scumbag, Douchebag, Shitbag, Dirtbag, Ballbag etc

frequently seen in the company of mudsharks

Whatever you do, don't loan Loubag money. You won't get it back.
by Bagofdouche March 24, 2008
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