What is Moneybag?
1.
After intercourse, if using a contraceptive designed for a guy, such as a condom, remove from member, grasp the lip of the condom with hand, and slap girl across her face, with the semen filled reservoir tip as if slapping a moneybag across the face.
Jimmy "moneybagged" Sarah last night, after she refused to cooperate with him.
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This is a Teamspeak meme which translates to "I give up, I can not possibly win this arguement". If this is said during an arg..
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Awesome, unbelievably good. Cousin to "off the hook" and "off the chain".
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