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1.
Extremely elongated, and often times dangly nipples on a male or female, resembling the nipples of a goat. In order to be classified as "goaties" the nipple has to be at least half an inch long . A common cause of goaties are nipple clamps.
God Damn! Did you see the goaties on that bitch? You could play ring toss with those.
by Thieving Pete October 03, 2007
 
2.
A slang word meaning "game of the year," the abbreviation of which is "GOTY."

Source: Gamespot's "The Hotspot" Podcast, week of December 9, 2007.
Warhawk is a contender for the PS3's goaty.

My goaty would have to be The Orange Box.

Super Mario Galaxy and Halo 3 are strong choices for the overall goaty.
by Moggraider December 13, 2007
 
3.
Someone having the qualities and resemblance of a goat.
That goaty ass whore ass bitch needs to hide her face.
by Kbizzz March 02, 2009
 
4.
a fancy skateboarding trick
I just pulled a goaty!!
by Amanda Leigh Phillips April 19, 2003