Refers to something that is not good, or something that goes wrong. However, it is used more often ironically or jokingly.
"What a drag!" (instead of "This sucks!" or "This blows!" or "What a bummer!")

"Life is a drag."
by Elaine C November 27, 2007
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IRL version of dragging someone. An alternative to threatening to fight someone.
"If I ever see you irl your bitch ass is getting dragged"
by Nonomense December 23, 2013
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The crawl or ticker at the bottom of the screen during CNN coverage or a newscast. All the news is a bad news, i.e. a drag.
by Katrixie December 25, 2008
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