The nickname to someone named Alex, Abraham, Brandon, Brennan, Carl, Caleb, Denver, Danton, Erick, Henry, Harry, Isaac, Kaleb, Landon, Mark, Etc.
A faggot - Someone who is likely not gay. Also known as a douche bag, asshole, dipshit.
Max : (Douche bag cuts me off in traffic) Cool, faggot.
A gay person who won't shut up about how gay they are, because it is their entire personality and they have no other way to express themselves except being gay. Not to be confused with fag: a gay person
Faggot: IM GAY IM GAY IM GAY
Man: oh, I thought you were just a fag, but you're a faggot, now shut the fuck up please.