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Europeans love to ski in bright colored fag bags.
fag bag by mrmoopoo September 25, 2003
A fag bag is a a one peice ski suite mainly worn by gorbys, bright colors like pink and mint green is very common. sunglasses is a must for this gay losers.
"hey look at that fag bag, I guess he just gave his gay ass friend a black dragon"
fag bag by Fredrik and tripple D January 31, 2005
A fanny pack used to carry a firearm, short for Fast Action Gun (FAG) bag.
"He keeps a revolver in his FAG bag."
fag bag by Dr. Twisted August 31, 2004
A person who is such a jerk-off that it is obvious on first sight.
Person #1: Hey, have you seen Barry Bonds on his new show that cronicles his every move?
Person #2: Yeah, he's a real fag bag.
Person #1: I know. Listen to his voice.
fag bag by Colin K. August 31, 2008
when someone is secretly gay, but keeps it to him / herself.
wow, ryan seacrest, hes such a fag bag.

jillian and jeremy are fag bag fellows.
fag bag by taquisha jones October 19, 2007
fagbag noun Any bag that's owned by a fag. To serve as a fag especially in an English public school wearing any type of bag. bags worn by fags to accomodate, gay dvds, condoms, dildos, ky jelly, curling iron, make up, cocaine, meth and other related articles used by fags to assist in activities withing the homofaggot community.
Scott: "Hey who's bag is that lying over there on the bench?" Mike: "I don't know, but nobody is around let's go check it out, maybe there's money or weed in it." Scott: "hey here's an ID it says RyanSeacrest"...Mike: "man this is a fag bag!"
fag bag by homonator April 11, 2008