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Its used instead of 'see you laters' or 'Goodbye'
JPY: Im off bed now to pleasure myself

GRAYDOT: Ok Goodbye

JPY: SLATERS

GRAYDOT: SLATERS
slaters by GRAYDOTMAN June 11, 2006
Off-hand for see you later
"I'm off to pub! Slaters!"
Slaters by Spencer C Smith October 4, 2022

Jonathan Slater 

A high school AP Literature teacher, that hates being fat, but loves eating cookies even more
Jonathan Slater by Cal Boy April 7, 2010

Trang Slayers 

This is the definition of an orange tick-tack (vodka, orange juice and Red Bull) in Northern California.

Slater Slide 

The act of quitting one's job in flamboyant fashion, so named after Steven Slater, the JetBlue Flight Attendant who dealt with one unruly passenger too many. He cussed out the passenger on the PA, said bye-bye to a 20 year career as a flight attendant, grabbed some beer from the galley, popped the escape slide, jumped out on the tarmac, walked to his car and drove home, thus becoming an instant folk hero.
Man, I'm so fed up with this place, I'm gonna pull a Slater Slide. Fuck 'em all!

Taking a Slater 

When one is on the toilet taking a shit, but is turned around and facing the toilet tank.

Named for A.C. Slater of popular show 'Saved By the bell', because he always sat backwards in his chair at 'The Max'.
If you need me I'll be taking a Slater so I have a place to rest my bowl of cereal while I shit.
Taking a Slater by artdrummer February 11, 2008