Universal word from Hungary.
The original meaning is 'dick' (derivated from fallosz > phallus), but nowadays it's used in other meanings as well.
1. Dick in Hungarian
A pasimnak hatalmas fasza van! / My boyfriend has an enormous dick!
2. Equivalent with "fuck" in some scenarios
Mi a fasz? / What the fuck?
3. Dick as an insult
Bela egy igazi fasz! / Bela is a real dick!