Top Definition
1. A gay dude's asshole.

2. Insult to a gay dude.
Jerry takes it in the Fag Basket.
by Frank Mrugala December 25, 2009
someone extremely fagi to the point where his faginess would fill up an entire basket
wow san francisco is full of fag baskets, damn that kid's a fagbasket
by Ryan Smith October 04, 2004
And insult coined one night in a desperate attempt to have a comeback, the term is meant to mean that someone is as stupid as a basket full of Fags
"You are such a fag basket..."
by JIMMY LIBBY September 17, 2006
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