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soggy bacon 

When a girl expects a guys junk to be erect and happy to see her, and sadly comes to realize its flaccid, or "soggy". Like the actual soggy bacon, its disappointing.
Mike: Hey man, how was that chick last night?
Jaquare: Shit, man. I thought I was ready, but I pulled a soggy bacon on her.
soggy bacon by abofdrjizz June 27, 2014

saggybacon 

a person with a penis smaller then 2 inches
Nathan you have a saggybacon.
saggybacon by mandingo122121213234 October 14, 2008