look up any word, like bye felicia:
 
1.
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
27 15
 
2.
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
19 10
 
3.
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
21 50