Meaning kool,yay, or plain out great
Courtney: wanna go to the movies
Jaocb: ok
Courtney: Koolies
by cmmgirl_651 August 2, 2007
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Kooly can be used as a substitute for cool, and it can be used to express extreme joy.
Dude 1: Movies. Now.
Dude 2: kooly

OR

Dude 1: We're goin to Las Vegas!
Dude 2: Forrizle? Kooly!
by Nathan AKA Batman February 7, 2008
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a bogie (cigarette) that has coke pulled into it to be smoked.
bust out the yay so we can smoke a koolie
by jgrizz September 1, 2003
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A term used by The Sarge to describe the anus.
My fuckin koolie hurts!
by Steve June 25, 2004
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