used to describe someone who lets all of the neighborhoodchildren, midgets, small mammals, etc. swing on or hang from his/her erect penis
"dude, where the hellz were ya?"
"i was hangin' out with Foges."
"hangin' out or hangin' on?"
"....... hangin' on..."
"Jesus, Foges is such a birch tree swingset."
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).