1. People who showcase a fine and often quite sexy set of panties.

2. a term of endearing insult.
1. Rich said to Sinead: gosh you have such lovely gay pants.

2.Sebastian: your pants are ever so gay, did you steal them from your mum?

Rich: no, i stole them from your sister when i was in her room last night.

random strangers: haha you got pwn3d seb, you gay pants!!!1111
by smiles1234 June 22, 2007

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