What is Monkey Rag?
1.
a special towel, shirt or other cloth object kept near your bed, preferably between the mattress and box spring, which is used to wipe up masturbatory ejaculate.
"John's monkey rag is getting stinky because he hasn't washed it in 3 months."
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7.
(v.i.) Out to lunch; not having it together; acting in a stupid way. Typically derogatory.
Derivation: ..
