a. it is pretty much the gay version of a cougar (older gay that wants the love of a younger gay)
If Samantha from "Sex in the City" was gay man she would have been a faguar.
by Istoleit November 11, 2008
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1. A woman who seeks out gay men for sex. This creature goes beyond the fag hag which just wants to go shopping, and takes it to a whole other level. Delusions of conversion fog her vision. Silly faguar.

2. An older gay gentleman who prowls for younger men. Enough said.
She made sure she was wearing the latest style, driving the hottest car and wearing the best jewelry. This faguar knew how to draw in and hypnotize any gay man she laid her hands on.
by MrLaw August 30, 2008
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