That is Thank You, followed by yw, You're Welcome. For a list of common chat shortcuts, check this: new-music-publishing.eu ty " stands for (T)hank (y) ou. Ty is a name that's been around for, like, a kabajillion years. It is universally agreed to mean "a total stud with a massive carrot". Tys are almost always popular. TY is a text abbreviation for polite expression “thank you” used in online chatting and texting on instant messaging apps like WhatsApp, Viber. This page may be out of date. TY is "Thank You". Know what is TY? Menu Internet Slang Dating Slang Popular Hashtags Text Abbreviations Slang Internet Slang Dating Slang Popular Hashtags Text Abbreviations Slang. Share Facebook Twitter Google Tumblr Reddit WhatsApp. Harm to minors, violence or threats, harassment or privacy invasion, impersonation or misrepresentation, fraud or phishing, show. Vote how vulgar the word is — not how mean it is.