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Bulgarian Airbags 

Breast implants. Originated from the story where a woman survived an otherwise devastating accident when her 40 DD "airbags" interposed between her and the dashboard.
"Yeah, her breast implants absorbed most of the impact of the crash... but apparently exploded"

"lol, bulgarian airbags"
Bulgarian Airbags by Diggnation October 4, 2006
I can't wait to get a hold of her airbags!
airbags by TT March 27, 2004
(guy stares at girls boobs)

Josh: your airbags are huge

Taylor: OI NA
Airbags by woodster295 March 26, 2010
Hemorrhoidal deployments encircling your sphincter that resemble deployed airbags from a motor vehicle.
He'd certainly have lost the remote up his ass had it not been for the airbags!
Airbags by SRIS2ndGeneration January 22, 2010
A pneumatic spring often used in custom automotive suspension systems. Airbags should not be confused with an airbag, the crash safety device. Properly installed airbags offer better ride quality over conventional steel suspension springs and also allow for the adjustment of the vehicle's height, typically from a height where the vehicle chassis is literally laying on the pavement to somewhere near the original ride height of the vehicle.

Airbags may be installed in search of either low vehicle height, an improvement in ride quality, or a combination of both. They were originally introduced for use on large semi trucks and city buses, but have gained a large following in the sport truck and minitruck scenes over the past 15 years.
The airbags on my truck make it possible lay frame on 22's, yet also lift higher than stock.
airbags by identitymfg July 1, 2008

Bulgarian airbags 

Refers to breast implants. Coined after a Bulgarian woman driver escaped relatively unscathed from a head-on pile-up with another vehicle when her 40DD breast implants absorbed most of the impact.
She has some fine Bulgarian airbags
Bulgarian airbags by HenryD October 3, 2006