1. An extreme expression of agreement, joy or exclamation.
2. Krzy
3. A call made popular by Rahulon online 3v4 'wars' on his public guild server, it is meant to signify rage.
4. For use when owning newbs in any game.
Ambient "Fuck, that Nightstalker owned us again"
oliver (nightstalker) "COCKAYE!"

Ambients team wins in dota -
(ambients team)" COCKAYE!"

(Guildie) "Damn Rahul we owned you again, whats the go"
(Rahul (trying to take the attention away from his pitiful CS skills)) "COCKAYE!"
by <AFK>Ambient August 20, 2005
Get the cockaye mug.