A complimentary word coming from "Faggot" but meaning the total opposite. Usually Pronounced Fey-get. It could be used describing someone that was also a dick to you. As in "You Fayget, you stepped on my ancle."
"Hey John, Your a Fayget!"-wade "Ohthank you, ya Fayget!"John
A word used to tell someone to "forget it" but needs to be used with hand gestures and a Brooklyn accent.
To be used when you don't really feel angered about someone doing something bad.
Not to be used if someone does something catastrophic, for instance purposely stabbing you.