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A sarcastic way of saying "cool." Also used to make fun of something/someone in a disguised way among friends.
Chris: Look at my new tight pants I got at Hot Topic.
Josh: Those are so derby dude!
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A city so shit that they can only define themselves as being obsessed with sheep and hating Nottingham.
A- I went to Derby yesterday.
B- How was it?
A- Never. Going. Back.
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Being retarded or of extremely low intelligence.
Peter Griffin is a derbie.
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Man, I'm not trying to sleep with her without a condom. I'll just hit her off for the derby and then split.
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The one and only derby is held on a saturday in May, at the venerable Churchill Downs. There you will find the greatest collection of drunken Colonels and wretched whores in the country. The day culminates with the running of the ponies! Dreams are made, and hilljack KY college education funds dashed away.
Colonel Levine has made a habit of dawning his Seersucker suit and heading down to "The Derby" each and every year, to make sure dixie gets a shot at his Buckeye Tree
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