Short for Wireless High-Five, used when you want to give a friend a high-five, but you are further then arms reach from each other. It doesn't involve any physical contact.
Benj: That $30 burger from Maccas was teh pwnz
Timmy: Wifive!
by Benj May 27, 2007
It's a high five that doesn't involve actually contact, normally over a long distance where a real high-five isn't possible.

Mix of "wireless" and "high-five", hence "wi-five", (wireless high-five)
Iain (yelling across the room): Dude, that mess was teh pwnz. Wi-five, brosef
Eric (in response): You need to chill with that nano shit, son
by Stampy October 27, 2004
when you see someone across the room but can't get to them so you raise your hands like a high-five but don't touch because of the distance. derived from wi-fi and high five. a wireless high five.
Yo! Wi-five!
by Nix Vox Medicus November 11, 2008
A long-distance high-five, often referred to as an "air-five". Commonly used when a friend is too far away to reach and slap some skin, such as in a crowded party, on the dance floor, car-to-car, or in class.
Hey man, lay it on me... *holds up hand for high-five*. Oh you're sick? Well just Wi-Five me then.
by Capn Josh March 29, 2011
a nerdy way of saying "air five"

which is the true definition of a high five done when two people are too far apart to physically engage in a "high five"
John: I just got a Wii! Awesome!
Mack: High five!
John: You are too far away...
Mack: Wifive?
John: NO! Air five! hells yeah....
by Prashant Patel August 20, 2007
A wifi high-five (wireless) - the upgrade to the bluetooth high five
That's awesome bro!! WiFive!!!
by Nick_za October 17, 2011
Giving someone a virtual high-five via email or other Internet based format in appreciation of a noteworthy achievement or action. Giving some "props" over the internet
A group of friends are sharing a lengthy email discussion throughout the day and one person emails a particularly enjoyable (for the rest of the group) insult to one member of the group and the other participants send wi-fives to the insulting party praising her wit.
by Danhanchan March 17, 2011
When you wanna hi-5 somebody who is to far away, you do so on a Wi-Fi(ve) signal.

Dervied from the words Wi-Fi and Hi-5.
"Great shot man"
(Too Far)
"Thanks man, Wi-Fi(ve)"
by snake_eyez October 15, 2008

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