It's the way you say "hey" to a lame dude in an e-mail or chat. Often abbreviated as "gh". Sometimes an 'r' is added for "ghrey".

LameGuy: Hey man
You: Ghey

LameGuy: Hey man
You: gh
by Drew-bro August 02, 2006
Colloquial term originally created by the students of St. Leonard’s College to condescend Chumma (a person who is clearly ghey). It developed new meaning amongst peers and can now be used as both a playful compliment (which can sometimes cause confusion amongst people who are unaware of its meaning or when not used in the correct tone) and a derogatory description of an event, person or object. It is pronounced differently to ‘gay’, similar to the first sound bite (it does not rhyme with day). It has no homosexual connotations and its derogatory nature implies more that something is lame, stupid, unjust or just plain ‘ghey’.

One day it will be in the dictionary between ghetto blaster and Ghiberti where it rightly belongs, as it is somewhere between gangstaness and culture.
* "Ya ghey"
* Amy and Loz exclaim cheerily and in high-pitch "Ya ghey!" Lucy sarcastically replies "you guys are so ghey"
*Chumma's foolish acts of throwing eggs in Southland (a shopping centre) make it clear that he is truly ghey, and not in the complimentary sense
by Luchang October 28, 2005
1. meaning any other word like stupid/not smart
2. NOT meaning homosexual
3. calling someone ghey is not mean
4. your not calling he/she GAY
5. pronounced like 'gay'
god, why do you have to be so ghey

by jasc000 May 17, 2007
ghey = stripping the homosexual part of the word "gay" and leaving the original meaning of it: Too fake, too cheery & with plenty of contrived delicateness.
That dude looks ghey wearing that orange t-shirt with bubble-shaped writing.
by darkduskx March 22, 2006
A word that has now be come a colloquialism among online communities and the Greater New York City area that refers to a homosexual male who refrains from exhibiting stereotypical traits of flamboyant gay men and often prefers not to indulge in anal sex.
Susan: Hey, Daria, do you think you could set me up with your friend Mark?

Daria: No, Susan, Mark is ghey, remember?

Susan: Oh, right, I couldn't tell. He seems to me to be straighter than any straight guy I've dated.

Daria: That's because he's G-H-E-Y. Ghey.
by StefanLunovuch August 10, 2009
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