Top definition
A reverse acronym for the term YOLO. Defined as "Only Losers Obey Yolo"
Friend: "Dude, I found a needle full of heroine. YOLO!"
Me: "No dumbass, OLOY, the damn things beened used already.
by Black Revenged July 01, 2012
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Sep 11 Word of the Day
when you're hungover as shit after a spending a night drunk as a skunk
I'm hungover as a duck let's go get some grub
by pokeythepony June 25, 2021
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5
OLOY simply means:

O= only
L= losers
O= obey
Y= Yolo
Lol fuck Y.O.L.O! its all about O.L.O.Y :D
by 5 cent hooker ;) July 02, 2012
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6
only live once yo
"I'm gonna go do something incredibly stupid"
"why?"
"because, Yolo!"
Um, actually, oloy (only losers obey yolo)."
"exactly"
*thinks about only live once yo*
by SodiumHypobromite April 14, 2020
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