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Insult: A fag wallet is typically used to describe a straight person acting gay or adorning fashion item's typically thought of as gay or homosexual
guy 1 "nice emo pants fag wallet"
guy 2 "theyre not emo they're cool"
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When the gamer receives a notification their debit card will not process the payment as a result of spending all money on the steam sale.
Son: "Mum, my debit card won't work!"
Mother: "But son you've bought 122 steam games - you have Gamer's Wallet!"
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A condom kept in a man's wallet for emergencies.
Bro 1: Hey it looks like Stevie is about to score.
Bro 2: Good thing he's got his wallet mate!
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A person who believes that he/she is of greater worth or more competent than others because he/she makes more money than they do. This condition is pervasive in people working in the finance and legal professions, but also can afflict people working in STEM fields, such as engineering.
Oh god, I'm living with a bunch of wallet heads at this new building; they think I'm like maintenance help or something.
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1. Someone who takes everything to say into mind (ass) and stores it for later use against you.
2. A random insult.
Jennifer -- Yeah, well I'm not the one who told you I have some weird dead cat fetish!
Bruce -- I told you that in private! God, you can be such an ass wallet sometimes!
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a bum wallet is the sack that a homeless person might be carrying filled with cans they picked up off the side of the road.
i saw a man riding his bike and he had his bum wallet in his basket on the front.
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