Top definition
The best soccer team in Honduras. As their theme song says, they are the champions, and are supirior. Sponsored by the beer Salva Vida and Loma. The mascot is a tiger with half red and half blue. They are a really good team.
friend: "Why are you laughing so hard?"
Me: "Some idiot that I bet thought that Espana was going to beat Olimpia and I won 50 bucks!"

Friend: "Im doing a report on the best soccer team in Central America".
Me: "Do a report on Olimpia, they OWN!"
by Honduran Cholo November 11, 2006
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