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1) Someone who may appear as if they were a homosexual but only decides to squeeze other men's bun buns for simple humor. Most faggasexuals tend to be explicit in their conduct and are usually closer than you think.

2) A close friend who thinks of you as more than a friend. He/she tends to get closer to you than you would want, seeking individual pleasure for himself/herself.
The faggasexual walked across the street in pursuit of his best friend.
by Mr.IJustAteAGrape July 02, 2009