n. The Loop on the top of the back pleat on button-down shirts. AKA, ripcord.
Frank threw Fred to the ground by his Fag Tag.
by ALEXfromExeter July 26, 2005
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A rat tail hairstyle. This is the ONLY real definition of the word circa 1990 and has somehow been obscured through internet memeism and a disconnect from traditional idioms and slang culture. Any other interpretation is an ignorant bastardization that bears no resemblance or relevancy to the term Fag Tag. It exclusively refers to a rat tail mullet hairstyle that was popular among preteen males throughout the 1990s. Do not believe fake made up sexual terms that have nothing to do with the original terms. They have been and remain what is wrong with this site. Nonsensical definitions made up for the sake of making up nonsensical definitions.
Don't be an idiot and incorrectly use the term fag tag.

"Hey, that dude has a fag tag, what a fag!" surfer douche pointing at nerdy kid with rat tail.
by Lament For The Last Days February 24, 2017
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A lower-back tattoo on a man, i.e., the male equivalent of a tramp stamp.
Check out the fag tag on Jerome. I didn't realize he was gay.
by wordsmithinternational August 17, 2011
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When you tag someone with a grenade in Gears of War.
"Dude, John28194 keeps on Fag Tagging!"
by Standing Freddy February 28, 2007
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Used to identify someone with a Huge Rat tail.
"Dude, cut ur fucking fag tag"

"Did u see the guy with the fag tag?"
by Lee February 8, 2005
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A rainbow bracelet or other piece of rainbow jewelry that signifies homosexuality and/or a willingness to get fucked in the butt.
"Hey bro, what's up with your bracelet, it's totally a fag tag."

"Oh, yeah it's to show guys that I'm ready to taste the rainbow."
by crownofpants November 24, 2014
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