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A variation of the term, teabagging popularized in Nintendo online shooter Splatoon/Splatoon 2 by community.

"Squidbagging" is to switch rapidly from kid to squid form, acting as a taunt to the player that was "splatted".
Person 1: *splats somebody with Slosher* *Proceeds to Squidbag*
Person 2: Bruh.
Squidbag by ToothPizza May 27, 2019

squidbagging 

A taunt in the Splatoon series dong by switching from kid to squid multiple times after splatting your opponent.
The speed hack version is used to move faster than normal.
Seriously? I just got squidbagged! Squidbagging is the WORST taunt and it is annoying AF!
squidbagging by hyruleteam1992 January 29, 2018

squiznastay 

is when a man takes a dump on an object and then masturbates on it.
Dude did you see Jack do a squiznastay on that girl's car.
squiznastay by RussianGuy December 10, 2009

Squizbukit 

(Scwiz-bok-it) A metaphorical bucket full of 'squiz', which is like 'shiz' but a whole lot more fail.
'That shirt is a total squizbukit!'
Squizbukit by Jordaroo February 17, 2010
Wow, look, there's a squizza nibbling through my brake pipes!
squizza by Lozzachops May 21, 2006

squizzard 

i layed a squizzard in my pants after eating a big sloppy mac from Mcdonalds
squizzard by the shit March 19, 2003