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someone who either looks like a butt, therefore bung lord, lord of the bungs. or someone who is a major asshole.
Jake- Hey little baby, you wanna get kicked?
Baby- Fuck you Bung Lord.

Serena Williams is a Bung Lord
Bung Lord by Ctits69 July 31, 2011

lord of the bung 

a dumbass, who gets worshiped by other dumbasses.
lord of the bung by S Dubs May 12, 2008