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1.
When something crazy, surprising, or even scary happens, you yell Malta Goya!!! A crazy phrase.
(Someone really scares you), (you), ahhh Malta Goya!!!

Oh my Malta Goya!
by OneDirectionLover101 October 04, 2012
 
2.
A substace so terrible that it's creators should be murdered, or worse, forced to drink it themselves.

Used for cruel games of truth - dare
Also used for cheap stomach pumpings
Example: 1. I dare you to drink this Malta Goya
2. I'ld rather impale myself on a fencepost like James did!

Example: 1. Dude! you just drank petrol
2. Woops, better get the malta goya out
by Ashier November 15, 2009
 
3.
The most disgusting substance imaginable. It is a reduced alcohol malt beverage manufactured in Mexico. In the U.S. it retails for about 35 cents per bottle. It tastes as if somebody mixed ovaltine and piss into a can of Mexican beer that has been sitting open in the sun for two weeks. A single sip to cause people to purposefully induce vomiting so that the bile and stomach acid will help burn away the aftertaste.
I can't believe he stabbed me in the back like that! When he isn't looking I am going to swap out his beer for a malta goya and my revenge will be complete!
by Uther Mandrell March 03, 2009