Meaning

1 senses
  1. (euphemistic, idiomatic)An exclamation of surprise or astonishment.

Origin

Possibly a minced oath from phrases beginning with holy (e.g. holy cow) and a rhyme with f

Possibly a minced oath from phrases beginning with holy (e.g. holy cow) and a rhyme with fuck it. Alternatively, possibly a punning allusion to a broken bucket being holey (having a hole).

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holy buckets — meaning, examples, forms, synonyms | Krumeto