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1.
A strong, firm handshake.
*At a formal party
Yourself: How are you doing?
Business Executive: Fine. You? (offers hand)
*Handshake

Yourself: Good. Thank you.
Business Executive: That is a very nice Fugate you have there.
*You then become CEO of the company
by TheREALBruce March 01, 2013
 
2.
Word used to describe a the action of having ones sisters/moms/aunts AND possibly uncles impregnated by a subordinate.
Poor MAJ Nelson was fugated again!
by PissDrunk Irish July 10, 2009