What is Spacebag?
1.
The bag that holds the wine in "Boxed Wine".
Hey, wanna get a spacebag? You then take the bag of wine out of the box and drink straight from the nozzle and throw it around the room.
2.
The act of covering something in a bag and sucking the air out to preserve it
"Oh yeah, I'd spacebag her in a second"
or
"Let's go spacebag some boohbahs!"
See
Random Words:
1.
a noun form of w00t or w00tage
OMG, I li3kk S0000 Pwn3d ur n00b but7, TH@t W@$ a w00tification!..