A more fun way to say the word "ugly". This word serves a dual purpose. It adds some pizazz to the whole sentence Also, usage of this word further emphasizes the ugliness of the person(s) being pointed out.
Girl #1: Damn, they are ugly!
Girl # 2: No. They are ooglay!!!
Girl #1: True, that was needed to emphasize how ooglay they are.
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.