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A unique kind of fabulous. Putting the word FAG and FABULOUS together in a verbal synergistic bond taking the the two terms to a whole new level. Fagulous is much more gay and fabulous than regular gay and fabulous terms on there own.
Hey Moe, you look absolutely fagulous when you put those oversized porn-star sunglasses on.
by S-Class sucks! August 18, 2005
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So fabulous must be gay, homosexually good
wow this interior designer is just fagulous!

didnt he do a fagulous job cutting my hair?
by F.Kanal December 23, 2002
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Adj. describing the positive gay or almost gay aspects of a person or thing. Something defined as fagulous will have incredible style, quality, or pop cultural recognizability.
1. Anton: Sergei's cardigan looks killer today! Surely he must be gay!

Sydney: No, he's not gay; his sense of style is fagulous.
by Sydgay July 09, 2013
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To describe something as "fabulous" in a way that mocks homosexuals.

The term is used often in Bret Easton Ellis' novel "Glamorama."
"Oh. My. God. That etagere looks simply fagulous."
by Siegfried Zaga May 22, 2005
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hetro/breeder retort to the over use of "fabulous" by members of the gay community.
"Bruce, my fine feathered gay friend, I think the way you've organized the polo shirts, spaced precisely two inches apart and hung on platsic, not wire hangers, in your closet is fagulous.
by RadioFreeBevo June 28, 2007
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