1. someone who takes life too seriously.
2. someone who gets frustrated about stupid things.
3. someone who strays from the path of easy living.
1. "go fag it up with the rest of the boat owners"
2. "stop being such an uptight boat owner"
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A person that owns or pretends to own a boat constructed of aluminium. They are usually gay or gayangsters.
"dude - did you see that red aluminium boat down at the ramp on Friday??"
"yeah I saw two guys bumming on it while they were motoring away - one of them must have been the ally boat owner."