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1.
A fictional name assigned to a flavor when the marketing geniuses at 7-Eleven find themselves at the end of a promotional tie in with a warehouse full of green goop.
When the Shrek movie left theaters they decided to call the green slurpie Frawg.
by Gregory La Vardera September 14, 2005
 
2.
your mom looks funny she is old and funny old ha ah ha ha ah ah penguin see definition 4
"dont you think my moms cool?", "frawg"
by johnny appleseed March 10, 2004
 
3.
A substitute for the greeting "dawg".

A term used for a close friend rather than their name.

Not limited to any ethnicity, can be used by all.
"Sup frawg"

"What up my frawg"

"Yo frawg, that's a nice tree frawg"
by John Barrett May 09, 2009