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1.
An abbreviation of the word obviously. A term created and spread by Pi Kappa Alpha fraternity at Florida State.
Booth: "Did you do work last night?"

Choad: "Obly"

by Super Swoop November 18, 2007
 
2.
1. abbreviation for the word Obviously.

2. it means anything you want it to be

Obly created at Florida State University, specifically the Pi Kappa Alpha Fraternity.
Shoe: Choad you do work last night?
Choad: Obly
by Obly December 17, 2007