Just launched! Learn slang while watching funny vids: urbandictionary.tv
1. Welp
To be used in place of 'well', when one feels there is no more to say. This word was originally brought to the peoples' attention in 1994, from Jim Carrey in the cult classic, Dumb & Dumber.
This is simply one of the many words and phrases that continue to be used in teen conversation today.
Initial use of/birth of the word: "Hey fellas. Big Gulps, huh? Welp, see ya later!"

Other examples:
"'Eyy, Jim! I just finished the job on that engine repair, so, feel free to take the credit for it as usual! Welp, That's my queue to leave, so, I suppose I'll see your rotten self tomorrow! Later!"
2. Welp
An interjection used when discussing an unfortunate circumstance without expressing anger. "Welp" is often used when exaggerating or seeking pity, sarcastically, or in attempts to conceal frustration. The 'P' sound at the end is usually muted, and simply serves as a consonant sound added onto the commonly known word "well."
Welp, I lost my job, I have a horrible credit score, my spouse wants a divorce, and my insurance company dropped me. I'll just have to go live on the streets, NBD.
3. welp
what really annoying people say instead of well. The same kind of people who use jah instead of yes.

Annoying.
Welp, I was a tool so my girlfriend dumped my sorry ass.
4. welp
1.To be used in place of 'well', when one feels there is no more to say. This word was originally brought to the peoples' attention in 1994, from Jim Carrey in the cult classic, Dumb & Dumber. This is simply one of the many words and phrases that continue to be used in teen conversation today.
2. another word for oh well
1.'Eyy, Jim! I just finished the job on that engine repair, so, feel free to take the credit for it as usual! Welp, That's my queue to leave, so, I suppose I'll see your rotten self tomorrow! Later!
5. Welp
An American southern vernacular interjection, one word greeting, or closing statement, posed as a question, using the word well, with a drawl akin to the words yep or yup. (pre1940)
a) Welp?

b) Welp... Ahm a'headin home now.
6. welp
(interjection): another word for well as in "Oh well.", (noun): a pointless event.
(interjection): Welp, don't even try to turn on the tv, I broke it.
(noun): Trying to fix that busted tv is a welp.
7. welp
the wilting or bending of a joint after being smoked in a hand bong by a person with clammy hands.
ah man, your hands are so clammy the joint is welping

you can't help the welp