1 definition by TheWagginFox
The act of a bag, or 'nut-sac' in this case, waggin' against something of substance, for example a man or women's ass-hole or clitoris.
"When Christina came home from a hard day at work and was noticibly upset Mike gave her the 'wag-o-bag' to cheer her!"
by TheWagginFox April 26, 2006