"Olive soup" is a term recently coined as symbolism of the words "I love you" in that, if spoken, it forms the same mouth patterns as such. Often it is used by those who feel the current situation may not be appropriate for the statement "I love you", but at the same point may wish to express this anyhow.

Mostly used to keep those around the person(s) feeling comfortable, as expressions of love can make some feel squeamish.
Person one: Olive soup.
Person two: You too ^_^
by Zigbigidorlu May 23, 2005
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Code word for a Martini- word especially used by mommies.
"Oh, today at lunch, I had the chicken salad and an olive soup."
by MrsD2 August 29, 2011
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