1) Derogatory term; crude word for a gay man used by straight men and women to insult gay men or to question the masculinity of straight men. Comparable to faggot. 2) A crude word for transvestites, comparable to tranny but more rude. 3) Affectionate term of address used by certain gay men to address other gay men, often in jest. 4) Term of address used by many South American girls, especially Chileans, to address one another.
"Loser you a maricón."
"Mis amigas me dijeron que they saw you making out wit a guy, they said you a maricón!" (My girlfriends told me they saw...)
"Voy a mirar unas maricónes con mi novia nueva, I didn't wanna go but she likes that kind of thing you know" (I'm going to go watch a drag show with my new girlfriend, I didn't...)
"Yo te digo que all men are cholos, maricón" (I tell you, all men are cholos, -.)
"Hola maricón que pasa"
Maricon = a "huge" faggot
Ese tipo no es marico, sino maricon (that guy isn't a faggot, but a huge one...)