One who plays first person multiplayer online shooters and takes advantage of lag that occurs within the game to score easy kills and achieve maximum pwnage.
I hate that guy, He killed me like 8 times. He's such a lagbagger!
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.
"Base we've got some square groupers floating outside of Miami harbor."