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fairplay 

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.
1) fairplay, but who can i rely on then?(the streets)

2) all right, you win, fairplay
fairplay by Devon-Kate July 21, 2004
Related Words

foilplay 

The act of telling lies to impress a woman (or man) in hopes of convincing them to have a sexual liason with you.
Dude, it was total foilplay. I told her I used to model underwear for Sears. She totally bought it and the panties came right off!
foilplay by R. Mooers May 15, 2009

fairplay 

the actual town in colorado that southpark is based on
if i lived in fairplay I'd kidnap someone for a week to go to casa bonita too
fairplay by Paul S. W. November 7, 2006

15 minutes at FairPlay 

when a stupid whore gets railed by her ex at FairPlay parking lot during her exs lunch break. Bringing her friends along.
Ericas car smelled fishy after her 15 minutes at FairPlay.