Not an insult used for a person, but for an object. Derived from fruitboots, a term for skates which is derived from the term frootbooter, an insult made up by skateboarders which they use to feel manly and make sluts think theyre badass.
Correct Usage: I have a fruitboot.
Incorrect Usage: "He's such a fruitboot. Let's go ruin his ledges and throw our boards."