1. (verb) An expression of happiness or joy
2. (adjective) An insult calling someone stupid beyond measure
3. (adjective) Used to describe something as cool or rad
4. (noun) Sometimes used in place of a name
2. person 1: Thats not how it goes.
person 2: Oh really, i must be pretty steepy then.
3. Dude that concert last night was so steepy.
4. Aw steepy, you're so dumb.
The hippest way to say "erection". Only the coolest, most inside people can say this. So if you're reading this, you're pretty amazing.
Cool guy 1: "Dude, that chick is giving me a steepy"
Cool guy 2: "Dude, that dude is giving me a steepy"
Cool guy 1: "What?"