The act of being gay and/or retarded.
Also can be used as GETARD. A gay and/or retarded person.
Roger: My new boyfriend is HOT.
Dale: You're getarded.
Marge: omg, like i was like buying like shoes like yesterday, and it said like fifty percent off and and i was like "omg, i dont want two-thirds of my shoe to be missing, like omg" so i left.
Jeanette: It means the price, you getard.