1. To be a lazy piece of shit;
2. To put off till another day or time, defer, delay;
3. To be averse or disinclined to do any sort of work or activity;
4. To be sick, or to tell people you are sick just so you can sleep all day;
5. To be slow-moving, sluggish;
6. Malaise;
7. Dehydration.
In other words one may say to someone, "you are a fucking faggot" but when "huckin hoiget" is said at the right time the person who is being called a fag will most likely say "say whaaaaaaaaaa?" When used appropriately this word can own nubs, insulting them so much they will most likely shit their pants.
guy in car: "HEY!"
people on street: "HEEEEEEY!!!"
guy in car: "Shut the fuck up ya huckin hoigets!"