O' Fay Share definition Flag Also spelled O'Fe. Old world slang term for caucasian people. A Pig Latin derivation of 'Foe' (O'Fe)used by African slaves in their 'Patois'. It was a typical O' Fay crowd at the Kanye show. You better tell O' Fay One Kenobi to take his puny, slack jean wearin, YT ass back to Honkytown, dig? O' Fay by p.w. rush August 8, 2006 Get the O' Fay mug.