hiphugger

[hip-huhg-er] /ˈhɪpˌhʌg ər/
adjective
1.
(of a garment) having a close-fitting waistline placed at the hip rather than at the natural waist:
hiphugger jeans.
noun
2.
hiphuggers, trousers having this type of waistline.
Origin
1965-70; hip1 + hug + -er1
Word Origin and History for hiphuggers
n.

also hip-huggers, "low-rise pants or skirt," 1966, from hip + agent noun from hug. So called because they are slung from the hips, not the waist. Earlier as the name of a cut of women's swimsuit (1963).