noun Slang: Disparaging and Offensive.
an effeminate male.
a homosexual male.

1905–10; shortened from given name Nancy Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Word Origin & History

"effeminate man, homosexual," 1904, from female name Nancy (q.v.), which was in use as an adj. meaning "effeminate" (applied to men) from 1883, a shortening of earlier Miss Nancy, perhaps from the nickname of vain, fashionable actress Miss Anna Oldfield (d.1730).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences for nance
In the next year appeared art, afterwards known as nance oldfield.
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