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Combination of the two words Nacker and Shite-bag commonly used in the North Dublin area. It first became popular in Coolock, a town in Dublin 13.
Person 1: He looks like a nacker with that haircut!
Person 2: It looks like a shite-bag
Person 3: He’s a nack-bag!
Another word for snacks
Person 1: Do you have any nick nacks?
Person 2: Yeah, what would you like? I have doritos, potato chips, crackers, etc.