An overweight effeminate male. One that is quick to cry in public and own a copy of the movie Titanic. Is related to the terms, queer, fag, or bitch, but is specifically targeted at men who are fat enough to have man boobs. Literally, the man is just a big bag of pussies.
Jade called Ian a fat ass and all that pussy bag could manage to sob back is, "You're mean". Then he ran home crying with his man tits flapping in the wind. What a fucking pussy bag.