(sense 1): Interjection signifying pain, weariness, disgust, resignation, etc. Very often part of oy vey or oy vas mir. Compare to English Jeez. (from Yiddish "oy", probably from old German; probably cognate to English "oh").
(sense 2): Interjection signifying annoyance. Very similar to sense 1, but more annoyed than resigned. (Probably from Cockney accent of English "Hey".)
(sense 3) Greeting meaning "hello" or "Hi". (Probably from Cockney "hi").
A term used between teens of DDP (Drunk Disorderly Punks) as a way of hollering at each other and saying "hi", since they are usually wandering the streets and need to yell to get attention. It also serves a double purpose of letting them know the one who yelled it is one of them.
Exclamation of surprise, amazement, etc.
Most probably stems from "oei!" A West-European word, similar to the English "Oh!" or "Oh dear!" or the more modern "What the hell?!".
1. (Exclamation) Often used in British English.
2. (Greeting) Also used mainly in British English. i.e "Oy, mate! How's it going?"
3. (Noun) The "Oy Tribe," a Canadian group of somewhat bizarre adolescents.
1. "Oy! I stubbed my toe!"
2. "Oy, mate! How's it going?"
3. "We should invite Deryck to join the Oy Rtibe."
By Kimberlee
Oy
use of the word can be found in the nanny from a jewish woman. Meaning something bad is going to or has happend.