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a cool fag (spelled like phat for similar effect)
Yo, check out da shoes on dat phag--theys so pimp!
by Goodspeed April 25, 2004
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2
The same as calling someone a fag but not as harsh so one can call a mate a 'phag'.
a light hearted dig at someone.
"oi man your a phag"!
by Loaf_aus March 21, 2009
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4
a gay person who has street credibility; a homosexual who's got street smarts and is one tough gay thug.
thug1: "yo dawg, dont fuck with dat phag, he's packin some mad heat in his steve madden bag."
thug2: "fo'real?"
thug1: "fo-rizzay!"
by jewish spanish boy May 09, 2004
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7
"what is the difference between fag and phag." asked Serena
"YOU are the definition of phag." said Autumn
by Ivana fuq October 26, 2013
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