1) Large ball of mucous filled with blood that proceeds a homosexual party where the participants shove their fists up each others ass in a sodomistic fashion.

2) A horribly vile name to call someone who has so far surpassed douchebag status that no other words can possibly express their level of filthy assholery.
Look at that bloody mucous plug from a faggot fisting fiesta.

You're a bloody mucous plug from a faggot fisting fiesta.
by Big Nasty T September 15, 2009
Get the bloody mucous plug from a faggot fisting fiesta mug.