It's not just a word, it's a way of life. Used by witty boys when they want to say "goodbye", but are too hip to use the normal word. Not really valid unless said with a slight Vermont accented twang.
May possibly be followed by a :) or if you'
re really
lucky, a ;) or even a <3. This word can be said to pretty much anyone, and may have been around since before the
dawn of time. However, it takes that
one special person to take a five letter word, add some creative slurring, and make it all his own.
See also: the most perfect word in the English language.