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white guy high five 

also may be known as a jumping high five it starts when two people start a distance from each other and then proceed to run and when getting close jump in the air and give a high five.

While may seem cool in theory, it actually looks quite stupid.
"Did you just give that guy a white guy high five? You are such a stereotypical caucasian Mark"
white guy high five by bakaryu August 9, 2004
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Hypothetical High Five 

The act (or, indeed, thought) of giving a person a high five without any physical contact, as the two persons are usually across the room from each other and far too lazy to get off their asses. Often occurs after a minor success or simply to display ones awesomeness. The process will many times include nodding to further affirm their collective staggering amazingness.
Person No. 1: Hypothetical high five!

(Persons 1 and 2 think about this)

Persons No. 1 & 2: Nice!
Hypothetical High Five by J Bernard December 31, 2007

Korean High Five 

"Hector korean high fived my girlfriend in the vagina -- now she feels violated."

Self-loathing High-Five 

After a person pours their heart out to you in some sad story that you either do not care about or have lost interest in, a high-five is offered by saying "Aww, I'm sorry... self-loathing high-five?" that basically shows false empathy and lack of sympathy that the person is actually seeking, thus showing that the person has not only had a bad day but hates themselves as well.
Girl: "I spilled my lunch all over myself at lunch and while everyone was laughing at me, my boyfriend told me he was dumping me for another girl."
Boy: "That sucks. Self-loathing high-five?"
Girl: "Sure" (high-fives the person)

Backhand High Five 

A high five using the back of the hand rather than the palm. Often considered the new fist bump.
Mark gave me a backhand high five and it was the coolest.

Punch High-Five 

Pretending to "bump fists" and then opening your palm up at the last second to high-five eachother.
Person 1: I just won the lottery!

Person 2: Dude! That's awesome, punch high-five!

*High five*

Person 2: You're too slow, you punched my palm!
Punch High-Five by Wellmanator March 7, 2009

Florida high five 

When one person gives another a high five, after having just wiped his sweaty balls with the same hand, unknown the the receiving person.
Dude, that high five Steve just gave you was a Florida high five. Nasty...
Florida high five by RITguy July 9, 2010