Latin for: "We have a Pope."

Some scholars maintain that the term is an abbreviation of the phrase "Habemus Papam'n'lockem" which, in the original Latin, meant: "We have a Pope...who knows how to boogie."
After only four sessions at conclave, the college of Cardinals could proudly proclaim, "Habemus Papam!"
by The Ghief 3 March 16, 2013
Get the Habemus Papam mug.