fag bag

Slang word used to described what is also a called a "fanny pack". It's a small, purse-like container that zippers shut and is worn around one's waist. They came into popularity first with runners and other exercise enthusiasts, but when they crossed into main stream, there was a backlash because men starting using them much like a woman would use a purse - as a convenient place to carry things around in. Because men in traditional society have never been able to carry any such thing (except the cumbersome and often unneccisarily large briefcase), wearing a fanny-pack became viewed as effeminate behavior. So "real" men refused to start using them (although they are very practical) and need to keep up their masculine image. Therefore, the best they could do was to equate their use with being homosexual, although most of the men who actually wore them were just "unfashionalbe" married men.