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- A homosexual asshole or douche bag.

- Someone of the male gender who is thought to of had a vagina.
Guy 1 - Yo, check out that ginebag.. he's always making up shit about the people who ask him if he's gay..

Guy 2 - Yeah, I know.. I hate him.

Ginebag - Hey bitches. What y'all talkin' 'bout? Ooh! You will never guess what I heard about you guuuysssss! *rambles on about some random made up junk*
Related Words

Gingageddon 

Dude have you seen how many gingers there are? We better prepare for gingageddon.
Gingageddon by Cash Beam Money September 11, 2010
The overwhelming rage created by seeing images of, or hearing sound bites from, the politician Newt Gingrich
Officer - "So why did you kill him?"

Mr. X - "Honestly Officer, I was so overwhelmed with Gingrage after being pummeled by Newt Gingrich ads over and over and over on TV and radio that I must have blacked out while I was strangling that stranger!"
Gingrage by Retorter February 5, 2012
good friend, best mate, real niggah, awesome guy
generally just a great person to know or be friends with
"thats eddie, he is my fuckin ginbag"
"dick, fuck that cunt, he aint no ginbag of mine"
ginbag by ubungo October 1, 2006
Breasts belonging to a female rock n' roll artist.
Example 1:

Oh man, did you see Kim Gordon's gigbags at the show last night? Gaw...gawdaaaaamn.

Example 2:

Courtney Love's gigbags are for shit.
gigbags by Patrick Booterelli October 29, 2008