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The process of inserting one male's ballsack into another male's anus.
I heard those two fag bagged last night.
Fag Bag by Epicness101 October 29, 2010
The word "fag bag" is used to define a single pound of marijuana.

As you may or may not know, a pound of marijuana is a ridicilious amount to have at one time. So, the term originates from all the faggot attention whores that try to look cool around your school when they shout out and brag about the absurd amounts of marijuana they consumed the day before.

It's typically used to make fun of those types of kids in a sarcastic high-pitched tone of voice.
Attention whore: "Oh, my God! I'm still so high from yesterday after smokin' so much weed yesterday!"

Person 1: "Dude, Naithen. You don't have to yell it, we're right next to you."

:::Attention whore walks away:::

Person 1: (in a mocking tone of voice)"O, mah gaw! I sm0k3d a hug3 fag bag yest3rdaay."

Person 2: (laughs) "Yeah, I know man. He's a faggot."
Fag bag by Detlef June 13, 2006

duche fucking fag bag 

It's actually 2 expressions combined, duche bag (- historically known as an instrument of cleanliness bestowed upon a dirty piece of female genitalia) and fag(Short form for faggot aka homo).

This expression is used when a duche male is sleeping with a lot of other men. He's like a male - gigolo, for men!
He's gay, a total duche fucking fag bag!
Very different than the word fagbag, a man purse, usuallied used by faggots.
"Whoa nice fag bag you got there."
fag bag by 69DS69 December 27, 2006
A trendy carry-all popular with gay men.
That is such a cute fag bag! But I prefer to call them "man purse".
fag bag by gay boi July 22, 2003
Extremely gay; the highest rank of gay
also could be used as calling somebody retarded
when mark came to my house with vibrators anal lube and his boy friend. i said wow your soo gay your a fag bag.
Fag Bag by Hernandex blockus December 15, 2008