used after a phrase that sounds ambigously gay or 'homo', so that your friends won't call you a 'homo'
'yo homie, i just spent five hours talking with my man on the phone, no homo' - random dude
2. "i kinda want you to notice the gayness of something i've just said that would have otherwise gone completely unnoticed"
2. "just a second, i'm coming; no homo"