To express happiness or excitment for another. 2. To agree in delight.

1. I just voted!
-Cool beans yo!
2. We should arrive early to get good seats.
-Cool beans yo!
by nsambas June 22, 2006
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To show enthusiasm, happiness, (something else from saying 'sweet action' or 'cool')
-I got a 22 foot t.v. yesterday!
-- COOL BEANS YO!
by BillfromSeattle July 28, 2005
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