(Pro-Noun) Magaluf. Spanish Island. Renowed for its tirade of English scallies who holiday there. This leads to sexual encounters. The word is comprised from:
Shag - To Have Sex Muff - English slang for vagina.
Usually but not necessarily an older woman that thrives on mutually rewarding relationships. A woman that lavishes her "boy toy" or "girl toy" romantic or sexual partner with material things.