A person from one's neighborhood, home town, or State. "Me and my homey just done a sixer (six months) in lag (jail)."

- american underworld dictionary - 1950

Also, the American and Australian version of homely.

And, an adjective meaning pleasant and comfortable. (Homelike)

These usages of the word are not nearly as common as the slang usage given above, but they have been around longer.

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