See coolio. It's meaning is the same of coolio, but this one is usually only used when something is EXTRA cool.
"Man, that lion just ate a LLAMA! Coolioolio yo!"
by Caitlin March 29, 2005
Get the Coolioolio mug.
Uber-cool, the pinnacle of coolness, with a hint of street.

Or

A very long way of saying "yes".
"Will Ferrell sure is coolioolio, yo!"

or

"Wanna get some frozen yoghurt or maybe a whole meal of food?"
"Coolioolio yo!"
by Miss Austin May 18, 2006
Get the coolioolio, yo mug.