Fabbit Share definition Flag Refers too a person who is gay and has small, cuddly, soft appearances and tendencies. A co-mingling of rabbit (small, soft, cuddly) and fag (gay). That other guy was such a fabbit, he even had a furry scarf! Fabbit by EZ3ddie December 7, 2010 0 0 Get merch Get the Fabbit mug. Buy Now — $32.95 See more merch