In short, a fairy godmother is a good-looking faghag, a good-looking female that primarily hangs out with homosexual men - please see definition for faghag.
If Cindy Crawford hung out with gay guys all the time, then she would be a fairy godmother
by pidgey January 02, 2005
An older woman who enjoys the company of younger gay men. This is different from fag hag in the sense that it specifies the age relationship between the parties.
My mom is such a fairy godmother; every time she hears I met a new gay guy she just HAS to meet him.
by rainbow_addict January 18, 2009
to change someone's look; to make-over
"Ew. He was like out of a 1999 Esprit ad." "Whatever, I would have fairygodmothered his ass."
by cherriesjust September 07, 2008