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1. Faily
–adj. (offensive)

Full of fail.
Trish: Pam and I are the only ones that remembered what to bring to the party.
Pam: Dale forgot the forks.
Dale: No one wants your faily cake anyway.
2. faily
a family composed of fail. portmanteau of family + fail
Massielle: "I had a faily today. a family of epic fail. the nastiest trashiest people ever."

Me: I wonder if that's on urban dictionary...