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1.
1. Characteristic of a person who possesses a charming and enjoyable personality, who is a pleasure to spend time with or hang around with.
2. A place or environment which possesses the quality that makes people want to hang out or linger.

1. We sit around out on the back porch and talk for hours, sharing stories and laughing at his random jokes. His hangability factor is high.
2. The old barn turned out to be the centerpiece of our backyard – people remarked about how relaxing it was. Now we have parties there year-round since it has such a great feeling of hangability.
by MaryRedChurch June 25, 2007