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2.
1. Another word meaning Homie or to aknowledge a close friend. Deterived from the Olmec tribe. A friend so close you'd consider him your brother.

2. Can also be said as olmec
1. Yo olms, you tryin to go on a burn run or something?

2. Yo olmec pass me the J
by Y0shi December 10, 2007
 
1.
olm
acronym meaning Old Little Man
can be used as a sign of affection or as a "put-down" to someone who used to have a higher standing in society.
1. "AWW look at that olm! He's so cute"

2. " You have no say in how we run this company you old little man!"
by rocking_redhead0399 June 13, 2008