A person that cannot hang. A lightweight who is always in the bag while drinking the least amount of alcohol..
Liam: “Look at Byron, He’s wasted off sipping twisted tea

Brad: “Yeah, looks like he’s in the Bilbo Baggins again.”
by Mr. PissyBalls May 21, 2018
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A fat hobbit of the shire who found the ring of power by the hands of gollum in the goblin caves.
"Ay! Top of te morning to ye, bilbo baggins!"
by PaulJar the Pornostar December 2, 2003
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this is when a girl throws her legs over her head, then a guy tea bags her ass hole, and has his ass hanging over her chest, then takes a shit the seize of the shire on her chest.
she almost suffocated in my shit from that bilbo baggins i gave her
by dave offner(dream team) January 28, 2005
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Gray sweat pants jaggedly cut off at the knee, commonly worn around the house. However, sometimes seen in public places like the grocery store and Walmart.

A unique way of recycling old school sweat pants with the ugly elastic ankle bands into shorts.
"Those bilbo baggins pants look nice with your sport sandals"
"Why you go wearing bilbo baggins pants all the time?"
by Gelatin Trotter April 15, 2013
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A combination of emotions that leave you feeling "Thin, sort of stretched, like butter scraped over too much bread"

Symptoms of a Bilbo may include but are not limited too feeling burnt out, overwhelmed, panicked, anxious, depressed, claustrophobic and stressed.

If untreated the individual may become so overwhelmed, that they declare their intention to leave and never return. Also known as going "Full Bilbo".
Person 1: Mate you look like absolute shit.
Person 2: Just work stuff, feeling a little Bilbo Baggins you know?
Person 1: No not at all?
by I need a holiday February 3, 2023
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X rated gay porn remake of Lord of the Rings. Bilbo Ball Baggins is a dwarf with massive stones and slaps them into many an ass and chin throughout the trilogy. Most notible scenes include Golcum taking a sweating sack to his chin while bilbo splatters his man muck all over Gollies uvula and also in the second movie, the Goo Showers, bilbo taking orc cocks to every orifice simultaneously.
Watched an awesome porn last night with a cool star named Bilbo Ball Baggins
by Jimmy Dink February 23, 2017
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A colloquialism for a bag of cocaine to be enjoyed amongst friends
Hey mate! I put $100 on the pies to win paying $3. You know what that means?

Yelled together “Bilbo Baggins!!!”
by Rerere! August 10, 2018
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