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A game played by members of male gender in where one guy will exclaim "fag tag" and then use the back of their hand to strike the other man in their group in the genitals. Any form of communicating the phrase fag tag is acceptable i.e. text messages, other people saying it, having it read aloud etc etc.
Guy 1-So anything fun planned for tonight?

Guy 2-Well me and cierra are gonna go out to dinner then...

Guy 1-(interrupting) FAG TAG!!! (striking Guy 2 in the balls).

Guy 2-Oh you Fucking AssHole (squirming in pain).
fag tag by Discotti July 7, 2009
Related Words
a small hoop ear ring worn in one upper earlobe by men to indicate that they are gay.
Check out the guy with the hoop ear ring, do you think he's available.

Oh honey, he's got a fag tag, he's not playing on your team.
fag tag by slowglass July 25, 2007
A rainbow bracelet or other piece of rainbow jewelry that signifies homosexuality and/or a willingness to get fucked in the butt.
"Hey bro, what's up with your bracelet, it's totally a fag tag."

"Oh, yeah it's to show guys that I'm ready to taste the rainbow."
Fag Tag by crownofpants November 23, 2014
A small pony tail that curls up and is often found on little kids.
Check out the fag tag on Brian C. Oh wait, that's too obvious, check out the fag tag on B. Catinus.
fag tag by Bill C March 16, 2004
when a man acting gay about half the time he's with his friends
friend 1:hi fellas
friend 2:hey sexy muah
friend 1:ewwww fag tag!!!
fag tag by cherryblossom17 December 7, 2010
Fag tag is tag except it's played by gay people.
Fag Tag by TrollBananaMan123 May 27, 2017