fag tag
n.— «Fag Tag is about getting together all of your friends—gay, lesbian, straight and all in between—and partying outside of the usual limited choices. Each month a different, traditionally straight, venue is chosen to be Fag Tagged and the word is spread among friends to come and party the night way.» —Fag Tag (Sydney, Australia) Nov. 11, 2004. (source: Double-Tongued Dictionary)
Further reading
Old. Elderly. Senior. Why are we so uncomfortable when we talk about reaching a certain point in life? An 82-year-old seeks a more positive term to describe how she feels about her age. And: a linguist helps solve a famous kidnapping case, using the...
What if, instead of being an inanimate object, a dictionary were alive? That’s the idea behind a lavishly illustrated new children’s book called The Dictionary Story (Bookshop|Amazon) by Oliver Jeffers and Sam Winston. This is part of a...
I have no documentation to back this up, it’s from my past.
“Fag tag” was what we called the loop on the back of oxford cotton shirts when I was in Jr. High (1967-1968). The “game” was to say that and pull the tag off of the person’s shirt without ripping the shirt. People collected them. Usually done to members of the opposite sex.