The skin that hangs from the female genitalia.
"She had a aesthetically visual hanging monkey."
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Where a girl's Vagina lips are very large and hang down. Most men are not to fond of saggy Vagina's.
Have u seen her puss? She's got major Hang Time on the Monkey!
I'm not licking her box, she's got has hella Hang Time on the Monkey!
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To ‘hang a monkey’ is the go smoke some joints or hit a bong with your mates
Noel: Oi jai come hang a monkey with me down at the park
Jai: hell yeah, im down