A fat man or woman: from their likeness to a well-stuffed couch, called also a squab. A new-hatched chicken.
Definition taken from The 1811 Dictionary of the Vulgar Tongue, originally by Francis Grose.
See also the definition in Nathan Bailey's 1736 dictionary of canting and thieving slang.
Spring-ankle Warehouse * SquareNathan Bailey's 1736 Dictionary of canting and thieving slang
John S. Farmer's collection of canting songs and slang rhymes