1. A guy who isn´t gay, but should be and you want to kick his ass because he´s a little bitch.
2. Also be used as a term of endearment when a guy does something sweet and feminine.
1. What a fagger, he hits his chick when all her friends leave, but dosen´t say shit when they are around.
2. He bought me flowers today and wrote me a really sweet letter, what a fagger!