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1.
A task a gay man or lesbian may perform prior to a visit to their home by family members and/or people they aren't completely out to. It may involve hiding porn, group pictures of oneself with a dozen shirtless friends drinking margaritas in a pool, pictures of oneself in drag, more porn, glittery holiday cards with sexually suggestive notes written inside, issues of OUT magazine and, occasionally, ones current boyfriend or girlfriend.
I can't meet you for drinks tonight Jason, half my family is coming for Christmas and it's gonna take me two days to degay this place.
by Sean 77 December 18, 2007
 
2.
to remove all of the gay paraphenalia from the living area when one's straight children come to visit.
At the holidays, I had to de-gay the house to avoid having my kids freaking out when they see my coffee table of Locker Room Nudes.
by DOOLguy May 04, 2009