An expression of approval, often for a job well done, or approval of a characteristic. Amplifications include, 'jolly' (polite), 'bloody' (impolite) and others. Sometimes used sarcastically. Primarily dated/retro British slang.
You invite some friends over to watch TV, and they show up with pizza and/or Chinese take-out.
You: "Good show!"
Bobby rides his skateboard down some steps, hops up on a railing, slides down it, loses his balance, and lands face-first on the concrete.
Eric: "Jolly good show, ol' chap!"
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