It is a persian origin word and used as a male name in Azerbaijan, Turkey and Iran. It literally means "pure" and used especially for emotions, feelings etc.
He has a Ulvi (pure) love for his crush.
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Just another word for bogan (american: trashy, trailor park) derived from one of the overpopulated bogan areas; Ulverstone, Tasmania, Australia. see bogan for full description
Joe:"That chick over there is pretty hot!"
Jim:"I wouldn't mate shes a bit ulvy, check out the uggboots"
Joe"Oh yeah". think she comes from ulverstone too.
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