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1. shag rags
Skimpy female clothing, worn to advertise one's willingness to fornicate.
C'mon Charlene, get your shag rags on - we're hitting the clubs !
2. Shag rags
similar to glad rags.
an outfit you wear, when you want to get shagged
JOHN: woahhh claires got her shag rags on tonight. I would.
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