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Buckwheat version of the word "okay", made popular by Eddie Murphy's impression of the 'Little Rascals' star as a grown-up. Used to signify agreement with a request or statement when you either don't know what's going on or don't give a damn.
Boss: "So get your sorry act together, Jones.....or maybe we'll find someone to replace you around here. Got that?!"

Employee: (grinning vacantly and making "okay" sign with thumb and forefinger) "Oh-TAY, boss!!! Buckwheat say oh-tay!!!!!"
oh-tay by Gee-Hova June 23, 2005
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oh-ka-tay 

kk, the funnest way fo saying ok
Sam: Wanna go to the movies?
Alexis: Oh-ka-tay
oh-ka-tay by selkie grrl November 7, 2011
Related Words
A word used in place for the word Okay most likely when someone Falcon Punches you for even being weird enough to look this word up.
John:Hey guys imma look up Ohtay -2mins later-

Paramedic:Wtf did he say to his friends?
Paramedic2:he looked up Ohtay
Paramedic:oooh
Paramedic2:u just say ohtay?!?!?
Paramedic:NO NO NO NOO!
Ohtay by EiKirk August 22, 2009
Girl's crush: hey ummm you wanna jog with me at recess? I'm training to get back in shape for all of my sports
Girl: Ohtay~
Ohtay by Queenyboo October 10, 2018