1)Ticklish sub-region of the taint.
Once only thought of in theory - the fancy is the newly discovered spot located at the part of the perineum closest to the buttocks and the entrance of the ass crack. Often tickled by a wandering moustache or the delicate touch of a lovers forefinger - hence the term "tickling ones fancy".
Dr Boudreaux, in the midst of experiment number 142 in his salad tossing research, heard a sudden yelp of surprise from his female subject above - and so the elusive fancy was found. This was therefore the first documented account of fancy-tickling.
by kdogg70503 June 13, 2008
a more sophisticated way to say "Gay"
Guy 1: I'm feeling really Fancy today!

Guy 2: yeah,the way you act around guys,makes me think you feel Fancy everyday.....
by JDaKingman October 25, 2009
a word used as a reaction to something. It can be either positively or negatively expressed. In fact, it can be used in reaction to almost anything at all.
Jacquanda says, "O-M-G! Look at dis amazing hair piece I just bought..." You reply, "Fancy!"
by Daniel of NY April 25, 2008
Utterly charming, resourceful, and pretty.
Oh, he's a fancy boy!
by DBlues February 19, 2003
when one lacks volume within the upper pant area.
Patrick is a very fancy man. women may not like him so much.
by anon77 February 22, 2007
a word used as a reaction to something. It can be either positively or negatively expressed. In fact, it can be used in reaction to almost anything at all.
Darlene says, "I'm so in love with Tommy."
You reply, "Fancy!"

Brenda says, "Why can't I find a lesbian who sees me for who I am?"
You reply, "Fancy!"

Jacquanda says, "O-M-G! Look at dis amazing hair piece I just bought..."
You reply, "Fancy!"
by Daniel of New York April 24, 2008
The art of being clever, classy, and crafty. (The 3 C's)
Being tokened as fancy is a complement from your peers.
Sometimes fancy can also mean lame.
Guy's mind-"Ah man, my muscles are too fancy! I gotta stop hittin the weights!"

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Brother 1- Dude! Mom added me on that popular social networking site!

Brother 2- Oh, now that's fancy.
by barnshack22 July 10, 2010
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