Three definitions:

1. To be used as an expression of excitement or exclamation.
2. When one is severely angry or disappointed in a particular outcome.
3. When one wishes to initiate an exciting adventure.

The meaning of the word is defined by the connotations of tone.
1. Dicks Ahoy, that was a good sandwich!
2. Why did Ramirez not pass the ball? Dicks Ahoy!
3. Gordon, load up the packhorses, we are going to Mansfield! Dicks Ahoy!
by Ham Fruits May 26, 2011
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When you have a boner because you gotta take a piss but then you get offered a blowjob and obviously you can't refuse. Then instead of cumming in her mouth you piss in her mouth. Hell it's all the same to you right.
"Yo so last night I'm taking a shit when Jennifer comes in and just starts giving me a blumpkin but I had a hard on because I had to take a wee. So then instead of jizzing I pissed. It was a real chips ahoy she got pissed."
"your fucked up."
by cockcussion May 12, 2009
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This phrase is used to give someone props, in a sarcastic manner. Kind of like saying "So,You want a cookie?"
John: I have 3 associates degree's 4 Bachelor's, 2 Masters and a PHD in Health.

Mark: Wow, you really need some Chips Ahoy!

by Mike Hatch September 20, 2006
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When the chick has some shit in her ass and it rubs off on your dick and then you have vaginal intercourse. Then you punch her in the face to "Sing, Sing, sing".
I hate when I chips ahoy, so I punch the chick in the face.
by Quagledo December 7, 2006
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to go to waffle club and have a good time
are you going to Waffle AHOY with me tonight...

Waffle AHOY her into you cynthia for your the one for me....
by Celoona Timpson May 1, 2007
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An ancient expression used principally by Mr. Burns on the Simpsons. The greeting originated as a mix between "Hello" and "Yoo-hoo!" in the monasteries of Scandanavia, when the Catholic priests would see a young boy outside the walls.
Monk 1: Look at that Svendelgaal!
Monk 2: Why I'll be Svendened! A ripe young lad outside the walls! Ahoy-hoy!
by Cedric July 12, 2004
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