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A word to decline anything embarrassing or something impossible or something that will never happen your friend says to you; Similar to the word psyche or not( as seen in Borat)
Bryan: Hey dude, I heard you slept with Michelle.
Sammy: SHAGS! That will never happen!
Shags by AJ aka MR.Meatloaf November 23, 2009
how you do'en shags?
shags by crummy0 December 28, 2005
A kid who regularly gets rammed in the ass by a drillpress, usually in a techroom while informing his female mate that the quality of her belt is currently sufficient, but if it were to be removed he would appriciate it and probably bust a huge nut. "Shags" also enjoys article writing, buying Doreen a slush and hitting two homeruns out of murphy.
Hey Shags, I was just playing some chinese checkers and I was wondering if you would eat sushi off of my nuts. No?...alright, maybe later...shags
Shags by Svi Diddy January 24, 2003
As to a or related to Sexy or beyond description..
For example : dude your girlfriend is sooooo Shags that You don't understand what I want to do her right now. It is so undiscribible !!
Shags by Ryan Caudle April 19, 2009
He is a good guy, but he is no shags
shags by Kevin Sviokla February 1, 2003
“Shags” is opposite of Dibs and equivalent to “not it.”
The last person to call shags on something has to do it.

If something is asked of a group and one individual doesn’t know what “shags” means, that person has to do the thing asked of them.
Mom: Someone take out the trash!
Me: shags!

Ken: SHAGS!
Jimmy: *forgets to call shags*
Me: Aight, Jimmy, it’s all you, man!
Jimmy: *regretfully takes out the trash*
Shags by Albert friggan’ Einstein September 15, 2019