fakie + ollie = follie. it is a trick done on a skateboard. just like how nose ollie is called a "nollie."
Eric Koston: ey did do you do think i could nollie back lip the el toro rail?
Tony Hawk: nah, but you should try follie back boardslide so you can end up regular when you roll away.
Tony Hawk: nah, but you should try follie back boardslide so you can end up regular when you roll away.
by ashley danish March 17, 2008
Get the folliemug. 
When your boxing someone in an old, abandoned warehouse then all of a sudden the ref slams a whopper on the arena floor, and John Cena comes plummeting towards the ground from the roof and slaps you in the face, then yells, "You just got Folly Wopped!"
by PopeMHG June 3, 2018
Get the Folly Woppedmug. An adjective describing a person who got too drunk at a formal event, usually in a professional setting, when getting that drunk is inappropriate.
For example, a medical school class puts on a function for students and professors to celebrate the end of the year, and the students are falling over from taking advantage of the open bar.
"Did you see (insert name) at the Rusty Scupper last night?"
"Oh yeah, (s)he got follied."
"Did you see (insert name) at the Rusty Scupper last night?"
"Oh yeah, (s)he got follied."
by jaylee67 April 10, 2010
Get the Folliedmug. An exclamation of anger, concern for the others well being, and an affirmative of the stupidity of others.
by Lizzie-monster July 19, 2006
Get the folly fishesmug. by Holy water January 10, 2021
Get the Follymug.