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1. A woman traditionally referred to as a fag hag, but who is much too beautiful to be called a hag. Often, she is surrounded by many gays. Derived from the words fag and magnet.

2. Any beautiful person, male or female, that attracts homosexual men.
"Girl, you are so fine, and you always have a gay guy at your side; you are such a fagnet."
Fagnet by wallen December 28, 2005
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The information super-highway homosexual people use.
Matt Lee surfs on the Fagnet.
fagnet by Jason January 28, 2003
(noun) A fag magnet; One who attracts homosexuals. Used in reguards to sissified actions/mannerisms being acted out by a straight male. Term usually labeled by a friend, but can be from enemy.

(Verb) Fagnetize(-d)(-ing) - To make a fagnet; impose fagnet-like qualities; cause fagnet-like appearance.

(Adj.) Fagnetized (-ing) - Appearing fagnet-like; resembling a fagnet; is acting/has acted like a fagnet.
(noun) Ex: "Look at Joseph. What a fagnet!"

(verb) Ex: "Joseph, don't fagnetize my dog by doing that."

(Adj.) Ex: "Joseph makes that shirt look all fagnetized when he wears it."
fagnet by Home O. Fobe July 19, 2004
They're faghags but they actually ATTRACT homosexual men.
"OMG all of our friends are homosexuals!! We are such fag magnets. No wait, we're fagnets!!!"
Fagnet by MS & SGH13 May 6, 2007
That bumper sticker that says "I heart vag" could actually backfire against that hit in a "methinks thou protesteth too much" sort of way and actually become a fagnet.
fagnet by rock and roll Dr. May 22, 2013
A female who is very obviously irresistible to gay men, the word being a combination of the now rather dated FAG HAG and MAGNET; such a woman is usually surrounded by an entourage of poofery.
You could not get near Ms Midler for the hordes of effete young men who surrounded her. She is clearly a FAGNET!
Fagnet by AHBgoingaround May 11, 2014
A magnet depicting homosexual acts and/or homoerotic images. Thanks to Kevin Thornberry for coining this phrase.
"Vinny, you have WAY too many fagnets on your refrigerator, dude!"
fagnet by vinnro June 2, 2015