The legendary phrase that clarifies your sexuality, and that you are not of the homosexual gender. Even after saying something very homosexual, a simple "no homo" is all that it takes to make everyone believe that you are not in fact a homosexual.
Person 1: Bro you lookin so fine, I could kiss you right now
Person 2: Then let us proceed in the "sexual interaction"
Person 1: Yes
*After the Sexual interaction*
Person 1: That felt great, I would do that again
Person 2: Same
Person 1: No homo btw
Person 2: Yeah, no homo
*and just like that, their sexuality was restored*