1)When you are in a bet or argument or any other kind of cometition with someone, and your opponent does something that you respect or would do yourself, then it's fairplay. 
2)When you accept defeat.
2)When you accept defeat.
by Devon-Kate July 21, 2004
 Get the fairplaymug.
Get the fairplaymug. by Paul S. W. November 7, 2006
 Get the fairplaymug.
Get the fairplaymug. when a stupid whore gets railed by her ex at FairPlay parking lot during her exs lunch break. Bringing her friends along.
by grocery store  June 10, 2021
 Get the 15 minutes at FairPlaymug.
Get the 15 minutes at FairPlaymug.