2 definitions by Andrei "CodeCalibre"

(noun) refers to the adjustment made on the actual expected time to account for Filipino time.
Mark wants to start his show at exactly 8:00PM and expects everyone to be there already. Since his audience might consist of Filipinos, he announces his show to start at Filipino Savings Time (FST) 7:00PM instead, taking to consider the usual Filipino Time.
by Andrei "CodeCalibre" June 18, 2010
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internet acronym for "Fuck Yeah!"

(people often mistaken the "!" as an inverted "i" expecting it to be FYI or "for your information")
Dana : Seen that movie?
Ray : FY!
Dana : IKR?
Ray: :-)
by Andrei "CodeCalibre" January 21, 2011
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