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A woman (or man) with whom the person in question would be willing to have sexual intercourse. See binary system.
Two men walk down the street and see a hot woman walking in the opposite direction:

Guy 1: "One."
Guy 2: "Hell yeah that's a one!"
one by gc123 December 30, 2008
penis, dick, cock, shaft, genitalia
one by Kevin MacDougall April 18, 2008
On the Next Event; SEE YOU AT ANOTHER SOCIAL GATHERING
ONE by CHRIS JOSEPH October 13, 2004
goodbye to someone in which you mean to say, 2 people becoming 1.
see you later baby, one!
one by Shanikama December 28, 2005
A way of dismissing an asine conversation or person often sugested with little to no respect.

cris: yo lemme skill that L bitch you hit
cheder: nah bitch ONE
One by Joeycracks August 19, 2007
THE WIN
the one and only one is the only and one. WIN
ONE by The one and only One one February 3, 2017