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1. Meaning Drunken Idiot, Stoner person twacked out on drugs.

2. Badass, a person of complete legend, remarkable in every way.
1. Hey look at that stupid Guango, he's stumbling about everywhere!

2. Look at him, he thinks he's sly! Yeah, man that Joe is such a Guango!
by DrGuango February 05, 2010
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1. Something loose
2. Something of no importance
3. Someone flacky
1. Esta es una playera guanga (This is a loose t-shirt)
2. Pero que guango! (How boring!, I couldn't care less)
3. Me siento guango (I feel flacky/lazy)
by Luis Renato January 15, 2008
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