Something or usually someone who you can just dominate be it in a physical or mental manner.
Jerry: There was so much slaughterbait there last night but I still couldn't get a nut.
Kush: I know, I was cleaning house, came back with at least a truck full of bait
Rick: I totally slaughter baited that couch back there.
James: Yeah, going to Charlie Murphy's house and rubbing your dirty boots all over his suede couches was priceless.
Cannabis of the highest quality.
"Whit's happenin' bahssur, wantae puff on some Gurkh yar?"