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Expanding on the term fanny bandit, the term "Ice Skating Fanny Bandit" was coined during a glorious facebook comment war. The term itself implies a gratuitous amount of homosexuality and a general sense of unmanliness towards the recipient. The term is also very versatile in the fact that it contains a small sense of sophistication and lacks more vulgar terms compared to other similar insults such as queer, ass pirate, and cock lover.
Alex: "That Ed kid is such an ice skating fanny bandit for not going to the game with us."
by Alex U. September 19, 2007