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Shortened version of its okay.
'Hey, thanks for helping out with my homework last night' said Jim. 's'kay Jim.' said bob
by Random Girl 360 October 16, 2010
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2
When one shits on the seat of a (usually but not always public) toilet. Comes from a combination of the word Kanga with the word seat.
Let's hit up the buffalo and skay

Do you got a skay in ya?

Man i did the pro'est skay at that ugly chicks party last night
by Huh-tsard Altigee January 29, 2008
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3
Hey man lets skay, this party is getting old.
or
Last night I skayed pretty badly, it must have been the 'cigarettes'.
by EssPea January 17, 2005
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4
Stupid and gay combined.
Wow, that movie was skay.
by hmm .. February 18, 2005
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