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1.
1. To bail on something, "pussy out"

2.To act in an unexpected, negative way.
1. We were going to go out, but Joe had to fag out and go to bed early.

2. I would get alcohol from my brother, but he will just fag out and give a speech on being responsible again.
автор: Sean Ryan Ryan Sean 3 февраля 2007
 
2.
to act really gay, unashamedly
fag out: when junior vasquez played 'work it to the bone' i totally fagged out
автор: gorillaslim 4 мая 2011
 
3.
To act in a homosexual manner when one's (supposed) sexuality is heterosexual. Not quite the same meaning as to "turn gay", but almost.
Dude A: "Dude, what's the deal? I wake up and find you sleeping in my bed! Why don't you sleep in your own? I hope you're not startin' to fag-out on me!"

Dude B: "Don't worry about it, man. It'll only happen once-in-awhile —usually after I suck your cock, like I did last night. And thanks for being cool enough to pretend to be asleep!"
автор: Christopher Nisperos 2 июля 2006
 
4.
To go and ditch your friends and do something else. Most of the time found out by text message or phone call by another friend.
Guy 1: Dude Guy3 just ditched us to go play PS3 instead of hanging out.
Guy 2: What a fagout!
автор: Kazooie64 28 ноября 2009
 
5.
something that's really fucking disappointing and stupid.
It stopped snowing. That is such a fucking FAGOUT!
автор: Crowmana 5 декабря 2010
 
6.
(v.) To decide to take the worst result of any scenario.
I wanted to testify to state my case because I feel I'm completely in the right, but my public defender decided to fag out and now i have to take 6 months of anger management and drug abuse classes at city hall.
автор: Phil E. Drifter 9 февраля 2007
 
7.
To make a squeaky sound with your voice generally during Puberty
1st person: Yo Main
2dn person:you mean,yo man,dude you always fag out real hard
автор: Sundin 16 июля 2006