Definitions by AJ aka MR.Meatloaf

Shags 

A word to decline anything embarrassing or something impossible or something that will never happen your friend says to you; Similar to the word psyche or not( as seen in Borat)

Bryan: Hey dude, I heard you slept with Michelle.
Sammy: SHAGS! That will never happen!

Shags by AJ aka MR.Meatloaf November 23, 2009