2: Noun: A company that makes awesome guitars and basses, such as telecasters, stratocasters, and much much more.
3: Adjective: Synonym for awesome
2: Bob: I just got a fender guitar.
Jeff: Looks pretty shitty.
Bob: ... (watches silently as god smites jeff with a bolt of lightning.)
3: Max: Blacklights are fender.
Bob: Your stoned.