Jisho

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Noun
1. wearing one's pants low (so that they hang from the hip rather than the waist); pants worn in such a mannerAbbreviation, Slang
Wikipedia definition
2. Sagging (fashion)Sagging is a manner of wearing trousers below the waist, revealing much of the underwear. Sagging is predominantly a male fashion. Women's wearing of low-rise jeans to reveal their G-string underwear is not generally considered sagging. An individual that participates in the practice of sagging may be referred to as a sagger.
Read “Sagging (fashion)” on English Wikipedia
Read “腰パン” on Japanese Wikipedia
Read “Sagging (fashion)” on DBpedia

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