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In Europe, it is in many countries the short form of fashist.

In Germany, for instance, "ein Fascho" translates to "a fashist", or "das ist aber fascho" (eng. "that is so fashist"). Even Google Translator translated "Er ist ein Fascho" into "He is a fascist", and equivalent to "fascho" (adjective).

It is, however, not related to the American Black slang of "fasho" as "for sure".
That was so fasho.
You are a fasho.
That party is fasho.
fasho by cheer_grips August 3, 2022
Yo are you going to the game
Answer: fasho
Fasho by Fasho_u_a_hoe October 18, 2022

Fasho My Bro 

When you are in total agreement with your "Home Boys"
Jenae: We should go to the rad concert tonight!
Alex: Fasho my bro!
Fasho My Bro by Drachnik December 22, 2008

Fasho Smasho 

A girl (or guy) that you would with 100% certainty have sex with.
Sundi: I didn't get a look, was she hot?
Reesh: Fasho smasho.
Fasho Smasho by SPARTANGLORY December 8, 2009

treatment fasho 

giving some brain to someone. using the mouth to go in and out, until glizzy juice comes out. AKA bj, blowjob