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1.
1. Nondescript language used between gays who are partially out of the closet, to avoid suspicion. Often involves a lot of gender-neutral pronouns and unspecific common nouns.

2. Mutual understanding that semi-closeted gays who are out to each other do their best to conceal the sexual orientation of the other, or, at the very least, does not force the other out of the closet.
(In gay code)

Gay #1: So is the... person you mentioned earlier here?
Gay #2: No, they couldn't make it.
Gay #1: Shame. Do you know if they're... ('not straight' is understood here)
Gay #2: Nope, and that's the worst part, isn't it.
by GayCodeTalker December 17, 2009
 
2.
The unwritten, unspoken code of homosexuals that any homosexual is willing to have sexual relations with any other homosexual, regardless of how attractive he or she is. This may be due to the fact that are smaller amounts of homosexuals than heterosexuals in the human population, so they "take what they can get."

The code is more prominent and visible within the male homosexual community, but homosexual females also abide by it. The lack of visibility in the female group may be due to the natural instinct of all women to be uptight, bitchy, illogical, and almost always unintelligent.
"Hey, you're ugly as hell and I'm not drunk, but let's bang anyways because that's the gay code!" -gay man
by All-Knowing One August 10, 2009