Universally, spray paints (in the can) consist of a mixture of paint and liquid propellant. The propellant is usually a low-boiling point hydrocarbon. When you spray paint out of the can, some of this propellant comes with it. When actually painting, you are applying a thin layer and the propellant disperses quickly. However, when you spray it into a container when decanting, it can take considerably longer for this propellant to disperse..
De-gassing sinply means leaving the decanted paint for a period of time to allow the propellant to escape. This can only occur in an open/loosely covered container. If the container is completely sealed, as the gas escapes, it will pressurise the container and this pressure will prevent further gases from escaping from the paint.