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The recorded programming remaining on your Tivo after you've paused live TV for the purpose of fast forwarding through upcoming commercials.
"Dude, do you have enough runway to skip the commercials in this Golden Girls?"

"Sorry dude, the runway is short so we're lagging by a minute"

or

"I really want to watch this episode of The Golden Girls uninterrupted but I only paused my Tivo for 5 minutes so I don't have enough runway."
Runway by Jonathan Derby July 21, 2004
1. the shaved pubic area of the woman
2. see also landing strip
Wow she kept that runway lookin so hot
runway by Hmm May 5, 2004
Area between the ballsack and the asshole
Hey wax my runway for me biatch
Runway by Wayne Weiten October 8, 2009
Excessively wide gap between a womans tits.
Gary: Hey you know Bazooka Betty, I stroked my cock on her runway and skeeted on all over her face.
Runway by LOON! December 26, 2011
The action when a male takes a shit, and does not wipe on purpose. Then walkin carefully to a drunk bitch, or a freaky sober bitch, and proceeding with a Teabag. (the Sticking of both a Males Testicles in the oral oriface of the female). The male then rocks back and forth on the females chest, leaving a skidmark of shit, commonly referred to as "The Runway"
She's passed out dude, go take a shit and give her the Runway.
Runway by Rick A. M. August 1, 2006
taking a line of cocaine down the sternum of topless girl with a body shot at the end, causing you to take off the runway
R. Kelly: Hey man, let's do these runways already.
Castro: The girls are already set up on the bed.
*R. Kelly takes runway*
R. Kelly: Damn man, I feel good!
Runway by Brother Castro July 25, 2016