A man, usually homosexual, who likes to be used submissively by taking his money. It appears when a gay man identificates himself as a "Beta", whom sexually consent to an "Alpha" man to take or drain his money, because among other factors wants to be humiliated by non using his own money. A man who wants to be controlled and sometimes seeing himself insolvent in his daily life. It is usually known as findom.
"He drained a bank account by using a "Cash Fag", he got 200 pounds in cash just to let someone feel stupid and used."

"A guy told me he was a "Cash Fag", that doesnt deserve to be able to eat expensive food or hanging out, he consider himself so useless and needed to pay an Alpha man."
by TheSpanishGayGuy October 9, 2022
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