The act of Double Bagging a man's penis while the woman wears a female condom. The end result being the feeling of your penis wearing two layers of under-armour adorned with a raincoat on top of it. On the bright side, you'll last longer.
Oh man, i was about to go to bed with this purity Christian girl , started to bag it, then notice her whip out two more condoms! But it was my first time, so i We ended up Tripple Bagging it, and finally came 2 hours later.
by Naquann Williams August 7, 2010
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when a new hire fails to identify fictitious financial terminology used around the office thereby making him/her look completely ridiculous. One byproduct of this failure to identify sarcasm may be the result of occupying a tiny unit under the pants.
"You see that tripple bagging market closer in the DOW yesterday?"

or

"That tripple bagger close had more balls than the f*cking Celtics locker room"
by Shankster69 September 17, 2012
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