Short for entertainment value. This value is awarded to a guy/gal who has a crush on you and does amusing things to get your attention. The feelings aren't mutual, but that person IS entertaining.
Megan: Hey you know that nerd Flawson? He yelled "HEY MEGAN!" in the middle of a badminton game.
Moquisha: Hey, atleast he got some E-value!
Moquisha: Hey, atleast he got some E-value!
by monishallure January 15, 2009