Top Definition
When you're about to ham, or shit yourself, when you're happy as fuck or when you feel like you wanna punch someone in the face.
Teacher: Good job, you got perfect on your test

Student: HO-LEE!

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Guy 1: You look a complete fag today...

Guy 2: HO-LEE! WHO THE FUCK ASKED YOU!?
by martyzee23 November 19, 2011
When you're shocked, surprised, angry, or even excited, yelling out "HO-LEE!" is always the way to go. It can be said in the worst kinds of situations or the bets. It can be used as an adjective.
Guy 1: Hey bro, you see that hot chick over there?

Guy 2: HO-LEE!
by martyzee23 November 18, 2011

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