Term taken from "Swamp People" but used in a different context... means that your private parts are not very clean and probably quite stinky and just plain nasty
Hey did the dog poop in here or are you just Hangin' Bait ?
Word yelled at the top of the lungs by young boys and men alike when deciding one and for all that something is bombdiggity on the taste scale... or just when a large chant is needed to get the kids in uniform agreeance on something.
And for that I say......Mousse-a-Latte