A small white moustache sported by bald security guards to prove they can grow hair. If the security guard is particularly old, fat and ugly he'll believe his moustache makes him good looking and suave.
Noun. 1. Activities or shenanigans most commonly associated with people adorning any number of face ornaments (moustaches) and usually associated with alcohol and/or a lack of pants. 2. A local establishment or residence where clientele are known for sporting mustaches and speaking of ridiculous sexual escapades that may or may not be true.
1. I've had enough of this moustachery, put your pants back on! 2. We decided to retreat to Charles's moustachery, so that Richard could elaborate on his most recent sexual exploits in the Philippines.