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2.
A term when a person, place or thing is halfway between disgusting and disgraceful with a pinch of gross.
"Oh my god look at that homeless bum over there isn't that disgrasting"

"Don't eat at the bistro the kitchen at this place is disgrasting"
by Kimmm July 23, 2006
 
1.
A group of kids bent on taking over the world one video at a time.
Person 1: Hey have you seen the new disgrasting video?
Person 2: It's up already? Cool I'll go check it out.
Person 1: Dude, it's disgrasting-ly awesome.
by OmgItsKlaryssa October 09, 2012