FPS is an abbreviated term for Fractured Penis Syndrome.
FPS does not mean that one's penis is injured. It means that one is born with a dysfunctional penis.
My best friend was dumped by his girl friend because she found out that he had an FPS.
by ejrtrodzuvpplor February 20, 2016
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First pick, usually in video games or team sports
John:"Can you fp me Morde?"
Kevin:"Yeah sure, do you have Varus?"

Or

John:"You got fp, who are you taking?"
Kevin:"I'll take Dylan"
by Tonks McBingus June 4, 2020
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fp man, they all suck.”
by Sunflowergacha September 3, 2020
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One of the measurements of a personal computer's video card performance, which stands for Frames Per Second, expressed as a number. The larger the number, the more the user has paid to increase the quality of his gaming life, and the less he cares about *real* life.
Computer Guy A: "Dude, I just spent $800 for the latest ATI card, and my FPS is ROCKING!"

Computer Guy B: "So this means that you're now going to be spending *more* than 16 hours per day playing games, I take it. Sad."
by dmarks September 17, 2004
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Halo is sometimes considered the best FPS of all time.
by Justin H. April 30, 2005
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FPS - Fanny Pack Swag

The swagger appearance that is acquired solely from wearing a fanny pack around one's waist.
Joe: Look at that fag with his fanny pack.

Jay: Nah brah... hes got his FPS on full throttle.
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1. First Person Shooter. A gmae played from the perspective of the in-game character.
2. Frames Per Second. How fast the game's running. See framerate.
3. For Pete's Sake. Nicer version of FFS.
1. Did anyone check out that new FPS? It looks pretty rad.
2. Christ, that game displays thousands of enemies on-screen and its framerate doesn't drop!
3. FPS, GET DOWN HERE AND JUST CAST THE SPELL!
by OLOL June 20, 2007
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