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When faith is so cruel that it pwns you with the amount of fail that it provides given the circumstances. In other words, a massive fail that marks you for the rest of your life. The ultimate self-embarrassment.
Example 1: Masturbating in front of your laptop when you've forgotten the webcam on after speaking to your grandparents in Florida would be failage.

Example 2: Letting the girl you have a crush on download a torrent using your PC without thinking of deleting or hiding the collection of BDSM porn first would be an even bigger failage.
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Failarious 

Someone who fails in a humorious way. A type of philosophical or crude humor, often when someone gets hurt.
Haha did you just see that kid fall off his bike and break his collar bone? That was failarious!
Failarious by Lerich August 19, 2008
Related Words

failadin 

Someone playing a paladin class on an MMORPG, who is utterly and completely terrible at using the class effectively.
Oh, great. That failadin I was telling you about earlier just joined the group.
failadin by Mezzidriel January 16, 2008
The act of giving a blowjob so poorly that the male is caused to masturbate himself to completion.
Guy #1: Dude that chick was smokin, did you fuck her?
Guy #2: Yeah, but only after she gave me failatio!
failatio by jtf81 October 14, 2009
Guy1: "In Soviet Russia, I am gay"
Guy2: "Dude, that was a failjoke. Seriously."
failjoke by Justinwiz February 20, 2011
When one is trying to be humorous (or witty) in a statement about a subject when they are either misinformed and/or believe they are correct despite it is obvious that they are not correct as well as being a play on the word "Telegram" used to describe someone who isn't effectively or properly getting their point across.
Josh tried tried so hard to make a comeback when Cody insulted his girlfriend for sleeping around with three other guys last week, but he couldn't get the words out right at all. Total failagram.
Failagram by Kike Man March 6, 2010

Failasaurus Rex 

A very large dinosaur, akin to the T-Rex, but much more fail... It was probably the first to die during the giant meteor shower. Now used in the Mid-Michigan suburbs as a term for people who tend to fail on a scale almost beyond epic. In fact, their entire existence seems to be FAIL.
Person1: Have you seen Jimmy?
Person2:Yeah, I heard he tripped walking down the hall, fell into a girl, broke his leg, and got charged with sexual harassment.
Person3: Jimmy's a total Failasaurus Rex.
Failasaurus Rex by Azraelsfall January 13, 2009