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A strong feeling or sudden realization that someone you know or someone near you is a homosexual. Thought to be a combination of the derogatory term "fag" and the word "sensation".
Guy 1: "Dude I'm experiencing a serious fagsation from Bob right now..."
Guy 2: "Hell ya dude...that kid's a homo."
by VinnieROCKS94. January 31, 2009
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