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A phrase delivered by the legendary Dan Forden who appears in the Mortal Kombat games to let you know you just got/are getting your ass clapped by your opponent. This first appeared in Mortal Kombat II as an occasional Easter Egg whenever someone delivered an uppercut or is killed by Scorpion's "Toasty!" fatality; this is also the key to triggering the hidden Smoke fight by pushing Down and Start on the Portal stage when Dan says "Toasty!"
Player 1 jumps forward towards Player 2, who swiftly responds with a well-timed uppercut, prompting Dan Forden to come up and say "Toasty!"

Player 1: "Damn, Dan!"
Toasty! by Greenknight9000 November 29, 2022
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The ear-piercing warble of Dan Forden from Mortal Kombat, haunting your nightmares, as once again, your friend beats you senseless and shouts along with aforesaid Forden, so you get a deathly harmony of "Toasty!" whilst you silently cry onto your SNES controller. nobody knows why he says "toasty", but it has haunted a generation.
*Whoopish*
Dan Forden:"Toasty!"
You:"no, why? oh the horror! wah! wah!"
toasty by DRAGON FORCE January 18, 2006
When someone is low-key chill, cool without trying too hard
"Woa that was so cool. You toasty bruh"
Toasty by girlbread November 14, 2016
a term used to describe one's intoxication level when it has reached such a level that would necessitate verbalizing it.
In between buzzed and drunk.
"Hmm, this jungle juice is getting me a little toasty."
toasty by eson December 16, 2003
Being intoxicated somewhere in between tipsy and drunk i.e the perfect level of drunk
" I'm not drunk amigo, soy toasty! Hence having an awesome time." Said the Mexican maid to the Venezuelan guy
Toasty by Alternate guy85 October 15, 2017
Adjective A stage of being high (stoned). Right after being "high" and right before being "stoned".
"this blunt got me pretty toasty."
Toasty by DudeBug420 April 14, 2009
Word trilled by Dan Forden in at certain times in the Mortal Kombat series of video games. How this is triggered depends on the particular game.
Toasty by De Nhoj September 29, 2003