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When two people go for a high five while in the air, whether they are jumping (the most common), or skydiving.
(Pete+jump)+(Anthony+jump)=Sky five!
by Psas June 02, 2009
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A lowtech version of the wifive which occurs when two individuals are too far apart to make 'skin to skin' high five contact.
When a friend scores a touchdown at the other end of the park and you can't be arsed running down to congratulate him - "Skyfive Terrell Owens"
by clint369 September 13, 2007
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