(1)A name for a homosexual sticker.

(2)An asteroid shaped like a penis.

(3)A rainbow colored shape.
Look at that fagzoid on the back of that jeep.

Dude,Jeff, if a fagzoid is gunna hit Earth u can just bend over and take it up the ass.

Look at all those fags and there fagzoid sighns.
by notanigger January 18, 2004
Used to insult someone,often used in online games or the internet, it is often used when asking someone to do something and they refuse, you then say "you fagzoid" its a more friendly term of "fag" which is a very derogitarty thing to say to someone.
Letters are often changed into numbers following the rules of LEETSPEAK.
Callum- "play zombies on PS3?"
Liam- "No im busy, maybe later!"
Callum- "You fagzoid"
by daws09 February 17, 2009

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