The foldy is preformed when a intoxicated gentleman can't acheive wood, even after oral stimulation. So naturely he folds his flaccid manhood and inserts it into the woman. Its half the length but twice the width and triple the fun.
Marty: Hey bra you were fucking wasted last, night did you fuck that slappa?

Ryan: Yeah bro, you know how I roll! I was so fucking messy I gave that bitch the foldy!!

(usally followed by high fives, and cheering)
by kingfoldy July 21, 2012
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1 stick of normal chewing gum (EG: Wrigley's Juicy Fruit) folded over with drop gum (EG: Golden Gum Nuggets) in the middle.

The normal stick of gum is called a Straight.
The drop gum is sometimes called Nutrasweet (due to it's nutrasweet content)

Note: to do this the normal stick of gum has to be the same shape and size as Wrigley's Juicy Fruit gum.
Guy 1: Hey i wanna make a foldy.
Guy 2: Ok here's the Straight.
Guy 1: You got any drop gum?
Guy 2: Sure the Nutrasweet is right over there.
Guy 1: Thanks man.
by gumchewa May 17, 2012
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It’s name derived from the 'folding poem', a Foldie is a collaborative internet video project where each director sends the next director a certain portion of his/her video clip in order to produce one complete short story or sketch.
In this semester's foldie project, each director will see the last eight seconds of the preceding director's 30-second video.
by Joel Redelback March 28, 2012
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A sandwich made from a single piece of bread, folded over.

Not to be confused with "a half a sandwich", as foldies naturally taste better due to their unique construction and title.
Hey dude, I brought some egg salad but I'm short on bread, want a foldie?
by Blaine-O July 9, 2009
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Sexual relations with the folded over skin of a morbidly obese man or woman.
Don's gut has gotten so big he is able to give himself a foldie.
by Uniblob October 20, 2006
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A girl who is a super amazing and really beautiful person(:
You're sucha foldy(;
Awweh!! Thaanx(:
by SairA-91 December 14, 2010
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Okey Dokey.

Origin: In the T9 texting system, if one tries to write "okey dokey," the first words that show up are "oldy foldy."
(Rachel and Noah are texting each other).

Rachel: I'm gonna wear my cool hat tomorrow okay?

Noah: Oldy foldy.
by FrizB April 7, 2010
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