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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!
by monishallure January 14, 2009
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