h'yay Share definition Flag A combination of the common word "hooray", and the child-and-gay-favourite "yay". Person 1 : "I am taking you out for dinner" Person 2 : "H'yay, I'm so excited" h'yay by myki July 6, 2007 0 0 Get merch Get the h'yay mug. Buy Now — $32.95 See more merch