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1 definition by Yung_Chedder

An ace is an individual who displays homosexual qualities. It is derived from the synonym of "gay" known as "tool". Since tools are sold at Ace Hardware, and ace can be used as someone who is considered a tool.
Wow, that dude is wearing ugg slippers and a v-neck. What an ace.
by Yung_Chedder November 02, 2010