A man, usually homosexual, who likes to be used submissively by taking his money. It appears when a gay man identificates himself as a "Beta", whom sexually consent to an "Alpha" man to take or drain his money, because among other factors wants to be humiliated by non using his own money. A man who wants to be controlled and sometimes seeing himself insolvent in his daily life. It is usually known as findom.
"He drained a bank account by using a "Cash Fag", he got 200 pounds in cash just to let someone feel stupid and used."
"A guy told me he was a "Cash Fag", that doesnt deserve to be able to eat expensive food or hanging out, he consider himself so useless and needed to pay an Alpha man."
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