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A general term that stems from a shortening of douschebag or douchebag; can be used in many ways:

A)Can sometimes be used as a playful insult among friends, especially if one of them has done something stupid or absentminded;

B)Can be used as a semi-serious insult, as when person A has actually been offended by a comment or action done by person B, but person A does not wish to get into fight; he merely wants to express his annoyance;

C)a common nickname for people in the 2006 class at Cincinnati Country Day School; synonyms in this situation are douschebag, douchebag, douchefuck, chickenshit, and dumbass.
A) Guy 1: Dude, I stayed up all night writing this King Lear paper for my english teacher
Guy 2: Haha, you dbag, you're gonna fuck up on your Physics test now.
Guy 1: Shit! I completely forgot about it!

B) Guy 1: You dbag, why did you ditch me at the movies last friday?
Guy 2: I'm sorry man, I got the munchies.

C) TJ: I called Dbag last night; he said he's up for the Halo tourney
Keesh: Which Dbag? Pierce, Lang, Odin, Johnny Gill, or Tim?
dbag by TexanJackass December 28, 2005
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An abbreviation for Deutsche Bank AG, a German bank. The bank does not resent being called this - they actually use it in their official legal documents.
Paul: "Remember that German guy Wolfgang Schneidelberger from college?"
Ted: "Yeah, that guy really thought he was the cat's pajamas. What a Deutsche bag. What is that guy up to nowadays?"
Paul: "I heard he just got a job at Deutsche Bank selling subprime mortgage bonds to poor towns in third-world countries that don't know any better."
Ted: "So he's at DBAG, is he? Why am I not surprised?"
DBAG by Nicholas D March 3, 2008
can be used as an insult to describe a guy who is a real asshole. also can be used lightly between friends.
"Adam ditched me last night."
"Yeah, he is a total dbag."

"why didn't you call me last night?"
"I went out with Bobby."
"Well thats dbagish of you."
dbag by danielle2 March 27, 2007
A scum bag, who doesnt show up for a meeting
Ryan Ayers is a dirty fucking Dbag, he sucks my nuts
dbag by Homie G-dawg January 1, 2008
Short for disease bag or donny bag; meaning totally revolting in action or appearance.
He wont stop making those disgusting noises.. he's such a dbag!
dbag by I.J. September 10, 2008
A highly versatile word with both noun and adjective forms. In the noun form, it is a derogatory expression often used between friends, and as an adjective, it is more often used to refer to someone being a poontang.
Dude, Craig, you are such a fucking dbag.
Man, Paul was being real fucking dbagish last night when he pussied out on shot for shot.
dbag by Noor June 30, 2003
Conjunction as result of the nomunclature Don Bagwell thus producing the first letter followed by the first syllable of the last name.
"What's up Dbag?!"
Dbag by I Dare Not Say November 22, 2007