A term most typically used in online FPS gaming by a player after they repeatedly crouch or squat in a dunking action over a wounded or dead opponent's face to simulate the act of T-Bagging.

This act is generally seen as very humiliating, and is the ultimate insult to another player.

In some online gaming clans - such as Enemy Territory's, The Nut Tribe Warriors - it is often used as an extremely effective tactic to distract and demoralize opponents, causing them to "Tap-Out" earlier than normal and await a new spawn in order to avoid getting T-Bagged.

The term is also used as a general derogatory comment after owning another player.

The past tense of "nut"

nutted shotting white urine all over the couch

to get his hard in the testicles

The state of being completely intoxicated or high on drugs

a vehicle that has been bagged and dropped as low as it can possibly go

Well and truely wasted and/or drunk.