Lag Switch 

Noun:1. A device used to intentionally slow or completely stop data flow from the modem to the computer/gaming console for a short period of time. In online games, using a lag switch will allow you to become momentarily invincible. Your opponents are very easy to kill if you use a lag switch. Most leagues and ladders prohibit lag switches and consider them as cheating. 2. A device that lets you cheat in online games.
Verb:1. To use a lag switch to own an opponent. 2. A joking way of saying your going to kick some ass. Does not really mean you plan to cheat.

Either definition of both the Noun and Verb can be used depending on the context.
Noun: That guy lags out everytime I shoot at him! Lag switch alert!
Verb: That guys been camping all game! Time to lag switch that hoe!

Lag Switch by DELTA_FORCE_FOX (PS3 Online ID) November 5, 2007

Lag switch 

a bastard way of winning gears of war 2 when ur team's being pwned or the player has no natural skill in a game, common for mouthy kids and overly competitive rejects to have 1 set up next to their mini-fridge and occurs mostly on wingman

they're entire team were getting whipped then some nub lag switched

that guy gave it all the lip but still had to lag switch for the win

Lag switch by SuckmyTorqueBow April 9, 2009

Lmaoswitchz 

Used when a situation is as funny as Auswitchz was bad.
See Lolocaust

"Man, when Ted did his Hitler impression in front of the Rabi's son last night it was Lmaoswitchz! "

Lmaoswitchz by IWantBilly March 25, 2008

Lauwitch 

a female who can only be vanquished by playing her most loved tune

King Arthur!!, I have vanquished the lauwitch of the north!

Lauwitch by Bartek :D June 18, 2011

Lag-Switch 

The act of giving someone a Hand-Job

Kelsey Lag-Switched Josh with enough passion to power the sun for an eternity.

Lag-Switch by ThehomeboyzCZJG December 28, 2013