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1.
a slang term referring to one's vagina. Often used in public places to discuss sex or other female genitalia related issues without others around you knowing.

Other forms may include--jood, bajoodie
Originated in Newport News, VA.
"Damn, my joody is sore after that pounding I took last night!"

"My bajoodie itches, I hope i don't have crabs like Katie!"
by Joodyhead August 19, 2011
 
2.
It's short for Juicy Booty.
Daaaaaaayuuum! That girl got a JOODY!
by the Reverend bIl Z'bUb November 20, 2007