A term of joy and delight usually used in conjunction with a swift diagonal hand chop when say the word "slash"
"Hey! Guess what guys? I just won a lifetime supply of red Smarties! Woo Slash Yay!!!"
To imbibe several units of alcohol and becoming inebriated to the point a party would begin in your social sphere.
"Last night Stuart got so drunk, we had a Farqi Parti going down."
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A term of disapointment usually used in conjunction with a diagonal hand chop gesture. (Related to its positive form, woo slash yay.)
"I didn't get the back stage passes. Boo slash nay."