Taste that a gay person has. A portmanteau of gay and taste.
"Tavis looked fabulous at the party last night. He had on this slim-fit cotton shirt and powder blue seersucker pants."

"That queen's got gayste!"
by michaelthomaseddy August 6, 2012
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When normally heterosexual guys or girls get drunk (wasted) and accidentally make out or hook up with the same sex.
"Man, last night I got sooooo gaysted! There are photos up on facebook of me and Bertha doings shots of Slippery Nipples and making out. Do you think I should detag them?"
by SSKim November 21, 2008
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