Past tense of the word fap. Meaning to masturbate.
Hot chick: Wanna do me?
Geek: Nah, I just fapped it to your pic in last month's issue of Playboy.
The act of being regulated by Direcway's, allegedly, "Fair Access Policy" which would be better termed the "Screw You Access Policy."
Bryant was straight Fapped by Direcway the other day...
(in case you missed it, the satellite internet provider "Direcway" has a really stupid policy they call "Fair Access Policy")