Slang term for wasting time, doing nothing, sitting around with no purpose. There is an element of laziness involved also because the insinuation is that the person wasting time is staying comfortable by creating a breeze that wafts over his balls.
Originally named as a Happy Days hybrid, Fonzingham is the greatest sidekick of all time. He has awesome one liners, gets you beers when you need them and... has the personality of James Brown.
"Terry's party was abysmal... then Fonzingham turned up with kegs and strippers!! "
Thank God we invited Fonzingham!