Used as a derogatory term against homosexuals. The word stems from Long Island Flids saying faggot with their dumb accent. Sometimes combined with the word gay to create the term, "Fuckin' gay feyget." Alternate spellings include: Fayget, Fehyget, Fehgot, and Feygot.
"Yo, did you hear Austin is a fuckin feyget."
"Shut up you fuckin' gay feyget."
"You're a gay feyget."
Someone who is toying with the idea of freeganism, but still works and pays for things most of the time. A healthy, open-minded attitude to the politics of money.