A velveteen or silken trim, usually found on a blanket, usually two sided, and when rubbed together, gives an equally sheen feel of the two fabrics rubbed together.
Man, when my little sister was small, she had this blanket that she would go everywhere with, and it had a silk trim. She would rub it together, suck her thumb, and yell 'Bingie'!
it is used as a short form of big time...
he is pissed off,bingie!
those girls went for some bingie shopping
last night was a bingie one
he has got some bingie style