The female equivelant to smagma. A cheese-textured residue that builds up inside the labia minora, and has a strong, fish-scented odour. It is usually disgusting, but attracts people with sick and twisted fetishes.
Vagma makes me want to vomit, but sometimes it turns me on.
by someone special May 22, 2004
When two Lesbians are having sex, and both climax at the same time, resulting in a spray of vaginal fluid, in a way that resembles a volcanic eruption.
"Man, Allison and Danielle had a massive Vagma eruption last night, so I grabbed a mop."
by Cockmiser November 02, 2009

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