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1.
Someone who is normally extremely pale until they start blushing and turn bright pink
"Look at that white trash over there!"
"That's not white trash; it's far too pink. It must be pink trash."
"Katenizzle! Is that you?"
by Chrisnizzle May 16, 2004
 
2.
An offensive homosexual; the homosexual equivalent of white trash or Euro trash.
Tom Cruise is pink trash.
by Matt U. June 25, 2005
 
3.
Pink trash is like white trash, only gay, or bi.
Oh girlfriend that is so pink trash! I will not visit your trailer.
by MiMi Deeeeee August 21, 2009