As a noun:
* The long way home was scenic, but the short way was faster. (Referring to a route or path)
* She has a unique way of looking at the world. (Referring to a method or style)
* There are many ways to solve this problem. (Referring to different methods or approaches)
As an adverb:
* He drove way too fast on the highway. (Meaning excessively or greatly)
* The movie was way better than I expected. (Meaning much more or significantly)
* She was way out of her comfort zone, but she faced her fears. (Meaning significantly beyond or outside of)
As a preposition:
* The train went way over the bridge. (Meaning in the direction of or to a great extent)
* Way back when, things were different. (Meaning in the past or long ago)
In a phrase:
* She was in a way, right about her concerns. (Meaning in a certain sense or to some extent)
* I went out of my way to help her. (Meaning to make a special effort or go beyond what is expected)
* All the way from New York to California. (Meaning the entire distance or journey)
The context of the sentence will determine the precise meaning of "way."