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When an individual believing they are a homosexual has intercourse with the opposite sex and realizes they are in fact straight.
Queenskank believed themself to be a homosexual but was degayed by a close friend of the opposite sex.
degayed by jpg3 October 28, 2011
Related Words

truth decay 

What a person has when they feel that not only don't they have to tell the truth, but that the truth doesn't even matter.
My ex is such a fibber. Every time she opens her mouth there is a strong odor of truth decay!
truth decay by talk2me-JCH2 December 20, 2020

Tired, Through and Delayed 

A phrase made by rapper Khia. Directed at the way someone looks or made to look. Otherwise meaning someone is old news or irrelevant.
I dont know why this boyband is coming out with a new disc, they are tired, through and delayed.
300 lb. man living in parents house, doesn't know the basics of Windows OS.
That guy over there is degay, it is very sad
degay by rip2 December 8, 2018
Other word for ugly and irrelevant
Wow he's such a decayce
decayce by badbitchabe December 25, 2016

Delayed Off

To be laid off at a specified, future date.
Employee X goes to work at Z on 1/31/2014. Upon arriving at work, X finds out he/she will be laid off on 6/15/2014. X will continue to work at Z until 6/15/2014, at which point X will be laid off.

Y: "Hey, X! How was work at Z today?"
X: "Not great, Y. I got delayed off today."
Delayed Off by KILLA435.5 February 3, 2014