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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The locker loop on the outside/inside of a dress shirt. Very preppy.
"I need to cut off the fag tag on all my shirts from Brooks; they're itching me."
by ilhooq July 29, 2004
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A game played by members of male gender in where one guy will exclaim "fag tag" and then use the back of their hand to strike the other man in their group in the genitals. Any form of communicating the phrase fag tag is acceptable i.e. text messages, other people saying it, having it read aloud etc etc.
Guy 1-So anything fun planned for tonight?

Guy 2-Well me and cierra are gonna go out to dinner then...

Guy 1-(interrupting) FAG TAG!!! (striking Guy 2 in the balls).

Guy 2-Oh you Fucking AssHole (squirming in pain).
by Discotti July 7, 2009
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a small hoop ear ring worn in one upper earlobe by men to indicate that they are gay.
Check out the guy with the hoop ear ring, do you think he's available.

Oh honey, he's got a fag tag, he's not playing on your team.
by slowglass June 25, 2007
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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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A small pony tail that curls up and is often found on little kids.
Check out the fag tag on Brian C. Oh wait, that's too obvious, check out the fag tag on B. Catinus.
by Bill C March 17, 2004
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when a man acting gay about half the time he's with his friends
friend 1:hi fellas
friend 2:hey sexy muah
friend 1:ewwww fag tag!!!
by cherryblossom17 November 20, 2010
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