it was originally a peice of rope used by people on boats to wipe their rear ends.
it was hung outside the boat in the water and when it was needed it would be pulled in and used.
not it is used as an insult because it sounds funny
eg1: dave: ahhh that was a good crap and that toerag was relatively fresh :P
eg2: megan rachel: OMG I hate Dan Mulqueen he is sutch a toe rag
superman: great shout
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a cloth or any material used to mop up any un-wanted siemen after a gentleman has edjaculated.
after masterbateing i used my grans curtain as a toe-rag!
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A person who constantly looses at a card game
did you feel a flutter...toe rag
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Toe Rag As a Derogatory Term: Some expats refer to the local Arab peoples as Toe rags (a derogatory term) as it rhymes with word Tuareg. The Tuareg people refer to a large Berber ethnic confederation.
Met some camel riding toe rags on the way...
A tramp, hobo or petty thief... a homeless person, without means of support...
Eric Clapton - "My Father's Eyes" - toe rag
Just a toe rag on the run.
How did I get here?
What have I done?
When will all my hopes arise?
How will I know him?
When I look in my father's eyes.