Panic Shagging

The frantic last few one night stands as university is coming to a end.

Nick was out panic shagging last night

by cd987654321 June 12, 2009

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sagging

wearing ones pants around the hips so that they sag down and bunch up around the ankles. Originally, this was a prison thing that signified that you were another prisoner's property, ie bitch. Punks were forced to wear their pants this way so it would be easier for their masters to pull their pants down and butt-fuck them. Somehow this became a 1990's fashion trend. I learned this from watching a TV special on prison life. The inmate who related the story was an elderly black gentleman who had been sentenced to life in prison and had been there for over fifty years. He marveled how such a mark of shame became a fashion statement. He said that younger inmates don't believe him when he tells them but swears it's the truth. I believed him. I also think they should let him out already, he's like 80 and I don't think he represents a threat to society.

Look at any wanna-be gangster (wankster) How the hell are you supposed to run from cops with your pants around your hips and your shoes unlaced anyway. If any of these little punk-asses actually did anything bad enough to get them thrown in the slammer they would no doubt shortly find out exactly what saggy pants are good for.

by Spanky McSpunk April 15, 2003

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Smauging

The act of sitting on substantial wealth reserves with no intention and/or ready method by which to exchange it for goods and services. A reference to the dragon named "Smaug" from J.R.R. Tolkien's "The Hobbit" who acquires and obsesses over vast treasure reserves yet has no way or desire to spend or trade them.

Used to refer to members of the Bitcoin community who have acquired large stores of bitcoins yet few outlets by which to spend them for things that they might want.

Sam says he is totally smauging on his Bitcoin stash until he can buy a new house with it.

by Spelunkin Magazine December 17, 2013

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