A male who's sexual orientation is unclear and his friends often wonder behind his back if he is gay or straight. We combine the two words to get grayte. Pronounced like "great" but with a long drawn out emphasis on the vowel sounds.
Carrie spotted a hot guy across the bar but she was nervous to approach him and get rejected because he was so grayte.
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When a female naturally discharges vaginal fluids onto her panties or some other item of clothing. It all started when my friend said she didn't wear underwear. I had to ask, "but don't you slug spot in your jeans?" We roared with laughter and realized it was the perfect word to describe what no women wants to admit to having to experience...
Oh no, I just slug spotted! I need to run home and change before going out on my date.