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  1. The sac that hauds the Testicles, Gonads, Crown jewels, Baws.
  2. A Scottish insult, or a term of endearment.

Can be a term for respect, friendliness, or an insult.

Haw Bawbag - geez some ae yer chups!
I would be very grateful if you would share your French Fries with me.
Whit ye daen Big Man ya Fuckin Bawbag!
Oh dear, I think maybe thats not a very good idea!