A term used to insult someone that combines 2 extremely offensive words to make one even more offensive one. This effectively creates one of the most offensive terms in the english language. It is commonly used towards a person who is neither a nigger nor a faggot, but one whom is so lame that they may as well be both.
guy 1: I'm not gonna let u smoke any of this shit here.
guy 2: Dude, You're a fuckin' niggerfaggot jew.