The original Swedish term for 'gaylift', i.e. an act, during which a man (the lifter) lifts another man (the flyer).
The böglyft was pioneered by two
guys in Sweden and has since become a
world-famous activity.
When performing a classical böglyft, the lifter supports the flyer's torso with
one (preferably right) arm while his other arm supports the flyer's (left) leg and also maintains a firm grip of the flyer's penis. An
erection is preferred, be it a jokeboner or the real
deal.
Style points are awarded if the flyer's underwear is down by his ankles.
A photograph of the original böglyft can be found here (warning: penis clearly visible):
http://crazyswedes.files.wordpress.com/2008/05/boglyft2.jpg