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1.
Phrase that means "that's good", "sufficient", "okay", "well done". From the movie "Babe" in one of the final scenes. After winning cheers and adoration from the crowd Babe sits down next to Hoggett whom says "That'll do pig, that'll do."
Someone tells you information you need and another responds, "That'll do pig."
by missjaimegale August 19, 2011