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1. nosegay
A small bunch of flowers; a bouquet
nosegay was Word of the Day on March 9, 2001 on dictionary.com
i think i shall get my mother a nosegay for her birthday
2. nosegay
When someone has their right nostril pierced to indicate that they are gay instead of the "straight" left nostril.
Look at that guy over there with his right nostril pierced - he is definitely nosegay.