The story
A line from the comedy film Friday (1995), used to dismiss the character Felisha (not Felicia), who irritates people in the neighborhood by begging and borrowing.
Etymology from Wiktionary, CC BY-SA 4.0.
bye, Felicia
Today it means: Used to dismissively and sarcastically end a conversation by signaling that the speaker rejects, ignores, or is no longer interested in the other person’s remarks or presence. Full definition →