A guy, who though isn't gay shows signals that are stereotypically homosexual for example: wears superskinny jeans, talks a lot about fashion, uses nice smelling cologne, has a lot of female friends and other stereotypical "gay" tendencies. This list obviously doesn't include having intercourse with, kissing or dating guys.
Jennifer: Omg Derek is soooooo gay!
Sofia: No, I like saw him making out with Katherine at that party! He's Transfabulous!
Jennifer: WOW
-Look at Robert, giggling with Jack. He is sooo gay.
-No he's not, he's transfabulous! I totally saw him making out with Leah!
-Maybe he's bisexual?
-No. He's transfabulous. End of story.
I don't buy the schmegegge about Morty sleeping with Moira.
His version of the story was pure schmegegge.
The whole schmegegge was made up to get Liz a little bit of attention.
Looking or experiencing something nice after witnessing something horrid like a disgusting gif or a disturbing video. Typically used as eye bleach are nice images of whatever makes the disturbed person happy.