1. The mental warning (red flag) you get when detecting a homosexual vibe upon first meeting someone

2. The traditional rainbow-colored flag representative of the gay/lesbian/bisexual/transgendered community.

(1) Guy #1:"Dude, when I first met Dave, I saw an immediate Fag Flag."

Guy #2: "Totally, he was just radiating gayness."

(2) Dave: "Oh yeah, let's go there, there's a Fag Flag in the window, I bet we can meet hotties there!"

Fag Flag by phroot March 4, 2009

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Fag Flag

A scarf worn by an otherwise straight man that makes him look gay.

That dude is wearing a fag flag!

Fag Flag by Altivec August 20, 2010

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Fag flag

I can't believe you just did that, being lame, being gay as in stupid or dumb, doesn't make since, mostly used as a insult to someone that did something you don't like.

Austin did you really just say yeah dog? Oh wow fag flag.

Fag flag by Barbiegirl_kfm February 4, 2014

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Fag Flag Roulette

Fag flag roulette or rainbow flag roulette is when 6 or more homosexuals lay down and pleasure the person next to them using hands and toys, the first to climax / lose has to 'clean up' after all the others, often using only their mouth. The winner (depending on which way you look at it) is the one who finishes last and doesn't have to 'clean up'. Like soggy biscuit but strictly for the rainbow flag brigade.

That sausage jockey went to play fag flag roulette last night and lost, but I think that was his plan.

Fag Flag Roulette by Theliberalcommuter January 19, 2022

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