A vagina, a detestable person, or an exclamation
Wow! Her rag hole is leaking!
God damn, he's such a rag hole!
Get your cock out of your rag hole!
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1. A disposable apparatus use to soak up the bloody drainage from a female's monthly cycle.
2. A stupid human being who's only worthwhile purpose for existing is to perform the aforementioned service.
"You are a complete tool, you stupid, motherfuckin' hole rag!"