A person so inept as to be utterly useless in any capacity; not just a tool, but an entire bag FOR tools, making him/her a repository for all things lacking any socially acceptable value.
"Did you hear that John got his hand caught in the toilet when he dropped his cell phone down the hole and tried to fish it out? What a toolbag!"
by Tom Bosch April 15, 2006
Get the toolbagmug. n. portmanteau of "tool" and "douchebag." An individual who exemplifies particularly douchey behavior, particularly in a polo shirt; a tool so great as to encompass an entire bag of tools.
by Dave Zucker March 11, 2009
Get the toolbagmug. by ravedITB April 12, 2009
Get the toolbagmug. 
A person who is more than a plain tool, or dick, but is equivalent to a bag of tools, or a sack full of dicks.
by Alex Parine June 5, 2004
Get the toolbagmug. Haha, Ron Paul has proposed 620 bills to the House of Representatives, and only four have ever made it to a vote on the House floor. What a toolbag!
by Mitt Santorum-Gingrich January 11, 2012
Get the toolbagmug. An individual whose ineptitude, idiocy, and lack of personal hygiene sets them far above and beyond a mere "tool"...only a full "bag of tools" is sufficient to describe their personal defects. The scum of society.
by Chris Corney January 6, 2005
Get the toolbagmug.