Like a sugardaddy but from man to man. A homo or fag who takes financial care of another man, usually younger, for sex.
Mikk: "Why is Phillipe dragging that nancy toy around with him?"
Delfon: "He's his sugarfaggy; gives him cars and jewelry to suck his three incher!"
Delfon: "He's his sugarfaggy; gives him cars and jewelry to suck his three incher!"
by psiscott April 09, 2006