A new species originating in Asia of straight "men" who attempt to look as gay as possible, complete with frosted tips, eyeliner, and scarves tied around their necks even in tropical weather. Combining the fashion sense of hipsters with the self absorbtion of doucebags, the fagbag is often seen in the company of hot Asian women who are dying inside for a real man who spends less time in front of a mirror than they do.
Look at that hot chick over there looking bored to tears with her fagbag boyfriend.
by BorisSDT August 07, 2011
A fanny-pack.
by Anonymous October 09, 2003
A golf bag used only by fags. Although any company can manufacture a fag bag, fag bags are usually considered to be specifically Callaway bags. Users of fag bags usually say they are comfortable with their bag and their sexuality, but in reality they are mostly butt hurt and they regret ever buying a fag bag.
Oh man did you see Mill Pickelson this weekend? He totally has a fag bag, just like Tim.
by Fag Bagger April 16, 2010
Fast Action Gun bag

Many of the so called fanny packs actually conceal a handgun. The front rips off and exposes the firearm.
As the perp advanced with the knife I ripped open my FAG BAG pulled my piece and wasted the MoFo.
by Cannibul May 08, 2005
1. A condom intended for use with another male.

2. A person who acts like a "Fag".

3. A used condom thrown on the ground in a public area and has "lol" written all over it.
Wow, look at that fag bag!

Bob wants Joe to use a fag bag
by TheBowser701 January 22, 2010
A fag has lots of ways that makes him into a fag, like a bag holding many different things.
Dude, that guy has an I heart Justin Bieber shirt, dresses his dog like a bunny, and puts pictures of shirtless men on Facebook. He is a total fag bag.
by KoolDude8690 April 19, 2012
A person who is homosexual or shows homosexual qualities.
John your a fag bag for picking flowers!
by irishkittynips September 12, 2009

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