A strand of caramel attached to someones bottom lip that extends downward toward that base of the chin. This is created by the hasty or careless biting-into a Snickers/Milkyway/100 Grand or otherwise caramel-included candy bar. The person must not realize that the caramel is hanging for a Toogie Beard to be genuine. The person will continue to talk, finish eating the candy bar, etc....without knowing that they just grew a Toogie Beard.
by Ace Binkley December 24, 2005