What you say to you friend when, walking down the street, you see a foxy bitch......i.e. an indication to your friend that there is quality pussy in the immediate vacinity.
(hot chick walking on the other side of the street)
"bung"
(your friend quickly scans around)
"yeah, BUNG!......for real"
Bung-
Said when tired of normal words, often used in replacement of words otherwise well suited for purpose but the speaker is lacking in mental faculties.
Hey...hey...can you get that, that...that bung! over there?