What is Phone Five?
1.
Slapping a cell phone as though giving a high five, usually preceded by yelling "PHONE FIVE!" and used primarily when excited.
Barney: Ted, tonight we're gonna go out, we're gonne meet some ladies, it's gonna be legendary. Phone five!
(Barney does a high five with his cellphone.)
Ted's Voiceover: I had no idea why I hung out with Barney.
Barney: You didn't phone-five, did you? I know when you don't phone five, Ted!
See
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1.
An ancronym for We Eat This Sh*t Up (pronounced wet-sue), meaning we are gung ho and highly enthused, used in the Army in the Vietnam er..