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Slang term meaning cool, used to describe an object that has or pertains to features associated with being a bagel. Typically shouted or exclaimed as a standalone phrase.

Also; Bagely, Bageltacular, Bagel, Bagelation, Bagelnator
Innocent Bystander: Cool! The prof. dropped our last test grade!
Eccentric Nut: Cool?! No! BAGELICIOUS!
by DaMunky89 September 14, 2006
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