We found one dictionary that defines the word fag-bash:

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1. fag-bash: Wiktionary

Definitions from Wiktionary (fag-bash) ▸ verb:  (transitive, vulgar) To gay bash. ▸ Words similar to fag-bash ▸ Usage examples for fag-bash ▸ Idioms related to fag-bash ▸ Wikipedia articles (New!) ▸ Words that often appear near fag-bash ▸ Rhymes of fag-bash ▸ Invented words related to fag-bash