by Goodspeed April 25, 2004
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!"
thug2: "fo'real?"
thug1: "fo-rizzay!"
by jewish spanish boy May 09, 2004
EXAMPLE ONE
Person 1: Omfg you just kicked me dude. You are phag.
Person 2: I am not a homosexual.
Person 1: Duhh I know thats why i called you a phag with a PH not an F....Dumbass.
EXAMPLE TWO
friend 1 - so im deff. ashamed that i like this song
friend 2 - you like this song? haha PHAGGGGG
Person 1: Omfg you just kicked me dude. You are phag.
Person 2: I am not a homosexual.
Person 1: Duhh I know thats why i called you a phag with a PH not an F....Dumbass.
EXAMPLE TWO
friend 1 - so im deff. ashamed that i like this song
friend 2 - you like this song? haha PHAGGGGG
by [dinokris] June 28, 2006
by the anonymous ninja June 06, 2009
by Lindsay February 25, 2005