Top definition
The act of grabbing your penis and pulling it straight up while letting your balls hang over your waistband, you show this to embarras a fellow peer or even a random person for giggles. (looks like you are holding a money bag)
Hey do you have any change for a 20? pull out money bag and say "right here!!!" -the act of money bagging
by Souldoggie August 16, 2010
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