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1.
a yelp of joy
Oh awesome! Nik wants to skype with me! Yipee!
by Ivaaa June 22, 2010
32 3
 
2.
Expressing wild excitement or delight, possibly in anticipation of food.
My girlfriend said she'll treat me to a crêpe next time we're in the city together. Yipee!
by Warforged October 23, 2011
15 8
 
3.
used to express ones delight, usually in the case of someones demise but not that of the person who expreses the word yipee for that would mean the person would express delight in his/her own demise.
yipee my dad died

note: if one was expresing delight at ones own demise the expreser would most likely be dead therefore unable to express delight at ones own demise.
by ilya the loud February 15, 2005
37 113