When there is 0% chance that something has occured or will happen. Also when one is so appalled by one's statement that they have no response but the phrase itself. Often said by high intellects and geniuses.
Fucking Weinberg: Yo steve, chip in an extra $2 for the bill.
Steven: NO WAY!
by Steven Muntner *see RAT-MAN March 03, 2005
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Person 1: Hey, I'm gonna go freebase while getting an intimate piercing and then get a glass bottomed boat from a pachyderm. You coming?

Person 2: No way!
by The Grammar Nazi March 20, 2004
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a term made up by a person looking for attention and starting to turn into a nation-wide trend can be used for the sake of sarcasom and can be used as a comment to any statement and if you ask a question and they reply then you may also say the phrase but you will be looked upon as an asshole.
1st person: I went to the store and picked up some oranges.

2nd person: No way!
by COCKFACE CRONIN June 30, 2010
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mr. HILL'S catchphrase from Paris. This saying is now the stuff of Legends
Mr. Hills says 'no way to drugs'
by alan hill December 15, 2006
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Excitment. Another word for sweet! Awesome! Is used a lot in the anime Dragon Half.
by T May 18, 2006
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