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A semi-erect penis.
More specifically a semi-erect, post-ejaculation penis.
That hole looks a bit small, maybe I could thumb in a slacky.
slacky by Christianaj July 20, 2008
Related Words

Slacky Dacks 

A pair of old, warn-in and often dirty sweatpants. Q-tip known for wearing them to the airport for a 24 hour flight to Sydney form London
Robbo sat in his slacky dacks all day, after a big night out on the tins. Safe to say they were still being worn whilst having multiple masty's throughout the day - average room temperatures rise by apprx 5c when he walks into a room wearing them.
Slacky Dacks by Backing in Burma November 20, 2014

Slacky wide on

That annoying and extremely visible, but absolutely useless stage of semi-erection suffered by teen males when observing a pretty girl, riding a bus, doing something completely innocent - and it JUST HAPPENS !
All the guys laughed when Josh got a "slacky wide on" as Mrs Thermapopolis the 48 yr old Greek language teacher bent over to pick up the text-book she had dropped.
Slacky wide on by RecByjam July 27, 2005

slackattack 

A condition that strikes a once helpfull individual and causes them to suddenly not want to do anything. The affliction often never improves and usually the victim becomes more lazy and will slack off beyond all hope.
Dad ( after work ); "Why aren't the leaves raked ?"
Mom (After cleaning house all day, paying bills, still washing last nights dishes and preparing dinner.); "Our houseguest had another slackattack."
slackattack by jpg3 November 28, 2011

Slack-jawed faggot 

n. A person who refuses to chew tobacco with Jesse Ventura.
*Blain (Jesse Ventura) offers tobacco to men on helicopter, but they refuse*
Blain: Bunch of slack-jawed faggots around here. This stuff
will make you a god damned sexual Tyrannosaurus, just like me.
Poncho: holds up his grenade launcher Yeah, strap this on your "sore ass", Blain.

slackerbagging 

When you are too poor to buy a sleeping bag and you have to share with all your bros - Markiplier 2016
I was slackerbagging during the camping trip because i had no money.