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2 definitions by McGee88

 
1.
A British slang expression of one's happiness and/or approval. Originated from TV show 'Only Fools and Horses', where it was frequently uttered by Cockney geezer Del Boy.

John: "Cup o' tea?, Dennis"

Dennis: "Lubbly jubbly!"
by McGee88 March 11, 2009
 
2.
A stinky fart. Usually a quiet 'parp' sound, rather than a squelchy one.
"Ahh mate, did you just guff? That reeks!"
by McGee88 March 11, 2009