Worse than a douchebag. Worse than a fag. Worse than a bitch. Worse than anything you know.
The most degrading term a person can call another.
Originated from combining the two words "Nickelback" (one the worst bands ever) and "bitch" (one of the worst things to call someone).
"Wtf? No way Ricky. You're joking right?" -Clarence
"Nope. I also raped your girlfriend in the ass with 96 strokes. After that she sucked my dick and we made love the rest of the night. Also, I sold your car for $86,000 and told the cops about your marijuana farm." -Ricky
"I'm going to fucking kill you, you fucking NICKELBITCH!" -Clarence