a woman accompanied/admired by a posse of gay men, not because she sought them out (see fag hag or fruit-fly), but because said gay men are drawn to her by an unseen yet powerful force, as in a magnet; said force generally defies description, but seems most often to be founded on a gay man's admiration of an elusive quality, usually referred to as "fabulousness"
Brad: "I've never met so many hot gay guys in one place. How does Maggie know them all?"
Tony: "Honestly, I don't think she does. She's just a total fagnet
Brad: "She is SOOO fabulous!"
Tony: "I know right!"
Something that will lure homosexuals
That bumper sticker that says "I heart vag" could actually backfire against that hit in a "methinks thou protesteth too much" sort of way and actually become a fagnet.
A straight woman who consistently attracts attention from gay men in various social and public settings.
Jackie: Dude, Kerry always finds random gay guys to buy her drinks and pay her cover charges.
Teo: Yeah, she is such a Fagnet.
A person that attracts fags
All the gay guys keep talking to him, he's such a fagnet!
A person, usually straight, to whom homosexuals and bisexuals are drawn as friends.
My ex-wife is a fagnet. Every gay person, man or woman, for 500 miles will find her.
A woman who attracts gay men
Liza Minelli is nearly as big a fagnet as her old Ma was!
(noun) A fag magnet; One who attracts homosexuals. Used in reguards to sissified actions/mannerisms being acted out by a straight male. Term usually labeled by a friend, but can be from enemy.
(Verb) Fagnetize(-d)(-ing) - To make a fagnet; impose fagnet-like qualities; cause fagnet-like appearance.
(Adj.) Fagnetized (-ing) - Appearing fagnet-like; resembling a fagnet; is acting/has acted like a fagnet.
(noun) Ex: "Look at Joseph. What a fagnet!"
(verb) Ex: "Joseph, don't fagnetize my dog by doing that."
(Adj.) Ex: "Joseph makes that shirt look all fagnetized when he wears it."