1. An exclaimation meaning "What praytell is it that you are refering to?"
2. "what is that?" esp. unassessable gender
3. "what all this then?"
*Gutenburg shows someone his printing press for the first time*
Other guy: Fuxat?
Gutenburg: Printing press!
*someone sees a long haired feminine looking man*
Someone Else: Looks like a guy
Someone: I think it's a chick!
*cop sees a bunch of kids smoking*
Kids: Printing press?