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1.
(1) Someone who wears a coat or jacket that is extremely feminine.

(2) Someone who dresses in an overly fashionable jacket or coat.
"Charles looks like such a jacket faggot in that coat."
by AngryMitch October 16, 2011
 
2.
1. a post-pubescent guy who looks prepubescent, whom wears an obscure or expensive jacket with the collar popped. A true jacket faggot refuses to pay attention to anything or anyone around him, because he knows if people think he is paying attention, they might not look at him.

2. a young male with no personality or fashion sense who invested in a nifty jacket.
I wish this place served beer then I wouldn't have to look at all of these jacket faggots.
by Old Mr. Jenkins January 23, 2010