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1.
FHP
Facial Hair Potential.
Used to describe males who have reached a certain age and have the potential for stubble (and are therefore more attractive) but do not necessarily let it get out of hand, crazy-beard style.
omg check out the FHP on that dude...
by yayayayayayayayayay1 November 30, 2010
 
2.
FHP
Foamy Horse Pussy
She's got some fhp.
by Deek October 08, 2003