ratbag /ˈɹæt.bæɡ/ noun2 •(slang) A despicable person.Then he went and sneaked on me to my boss. What a ratbag! •(Australia, slang) A mischievous person, especially a child.He says he was a ratbag at school and the entire teaching staff hated him except the English and economics teachers. — 1986 formsratbags