1. A verb to describe acts by heterosexual persons who by free will act in certain ways that would be considered "gay".
2. A noun to describe a person who relates to himself as being homosexual even though he is not just to entertain himself or his friends.
Male #1: I saw on facebook that you and Daniel have a relationship, is that true?
Male #2: No, we are just being gäy!
Male #1: I have heard from a friend that Arthur is a homosexual.
Male #2: Haha, no. He is just gäy.