From "The Little Rascals" movies. Buckwheat always mispronounced "okay" and said "otay".

Spanky: "Hey, Buckwheat! Hold this for me."

Buckwheat: "Otay."
by OD December 05, 2002
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another word for okay

originating from the little rascals
Q: do you want something to drink?
A: otay!
by kayla5748 May 30, 2007
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A region of South San Diego, and also a gang. Their sign consists of creating an "O" with both hands and holding it above your stomach.
I wouldn't mess with those fools, they're from Otay
by kams March 27, 2005
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A word girls use when they do not like what you just said.
Guy: "I'm going to have to re-schedule."
Girl: "Otay."
by Bielle August 04, 2010
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