Something that is not factual; a made up and/or incorrect idea.
A better and funnier way to say "a figment of your imagination."
Bob: Wait. Girl, your eyes are BLUE? I coulda swore they were brown.
Janice: Nope, that was just a pigment of your imagination!
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A simple combination of "frat-boy" and "asshole."
To be fair, not every boy who belongs to a fraternity is an asshole. However, we all know plenty of fratties who are.
Sigma Chi is full of frassholes.
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