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1.
adj: The smallest amount possible, or less then 6 pounds.
noun:semen

note, you can not use squiggum as a noun and adjective in the same sentance.
i.e.> That's a squiggum of squiggum.
Oi! You got your squiggum in my eye!
I only want a squiggum of lotion.
by Eloyzen November 03, 2008
 
2.
a derogatory term used to mock an over weight African american female that is on her minstrel cycle on Tuesday at sonic during happy hour
whats up mr.squiggums
by free389 June 01, 2011