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It means ay baby. Like Hey Girl....or Hey lil mama, i want your attention
If a dude is in the club, and they see a fire chick and they want to get their attention they say "Ay Bay Bay" to them.

Like Aye Bay Bay by Hurricane Chris
by Crystal Br June 21, 2007
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Apr 21 Word of the Day
I've been jabbed
by Francesco II March 20, 2021
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