To describe someone of Filipino descent who is mixed with a honky (white) mother or father. A Filipino + Honky = Fonky.
I'm Filipino and white. That makes me a Filipino Honky or Fonky for short!
When you do the fonzie pose while sticking your index finger into a sexual partner's anus. Stinky hole + Fonzie = Fonkie
Ehhhh I totally hit that "jukebox" last night and gave her a righteous fonkie.