A quick and complete Asshole way of exiting a situation or conversation that u don't wish to be a part of. Made popular by a man named Vicious, its the mother of all condescending phrases. Especially comes in handy when dismissing lames, old people, drunks, ugly people, and those half and hour rambling story tellin motherfuckers.
Guy: So are u gonna suck it?

Girl: I don't do that because I have dignity, and self respect. I kiss my kids with this mouth

Guy: Wait... What?????.... *Okbye*
by The Real Ike Turner November 28, 2011
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A farewell greeting, generally uttered in a single syllable, used to express an urgent need to end the current conversation.
You work in a grocery store in the customer service department and are on the phone with one of your friends discussing last night's episode of America's Next Top Model, when an angry looking customer with 7 obnoxious children that make a fog horn sound like footsteps in the snow by comparison approaches.

Friend on phone: "blah blah Tyramail blah blah they had better cut Jenna NEXT time"
You: "OKBYE!" *Click*
by Just-me January 14, 2008
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