Code name for the website known as facebook. This term is usually used by people who oppose facebook (otherwise known as facehaters). The term is a derivation of the word fag in order to cause offence to those of whom use facebook (known as fagbookers).
Needless to say, there is a raging battle between the Fagbookers.
Fagbooker: Hey! I made a facebook! I was on it alllll night yesturday.
Facehater: Why dont you go fuck yourself and set it as your facegay status, you prick.
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Person 1: Hit me up on myspace
Person 2: Fuck that, I don't have a fagbook.
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A contraction of the words faggot and facebook.
The facebook account of someone who uses it to get in serious arguements on facebook.
Tim: Did you friend Jake on facebook?
James: Naw, that kid's got a fagbook.
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People who are at the age of where they should have a facebook. But refuse to get one because they want there backgrounds on myspace of weed because they want people to believe that they smoke it.
Girl 1: Last night i was looking at Jasons pictures on facebook, why dont you have one.
Boy: because i have to keep people thinking that i actually smoke weed
Girl: Oh so your a fagbooker
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A computer for gay men and grandma, the MacBook.
Oh great, my FagBook needs to an expensive trip to the repair shop yet again.