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1.
Lbag or Lbagging is a term used in gaming and is another way of referring to lag but in a more humiliating fashion.

In a similar way to how teabagging is used to humiliate a person online, Lbagging is generally considered humiliating. Especially when the player's character is jittering all over the place.
"That guy is Lbagging all over the place!"

"HAHA dude's getting Lbagged!"

"Am I the only one getting Lbag here?"
by GrahamBY March 29, 2008
 
2.
when lesbians take turns t-bagging each other using their clits.
I "accidently" walked into the women's bathroom and saw two chicks L-bagging.
by Ogeid February 09, 2008