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To have drugs to sell
Buyer - Yo, You Holding?
Seller - Yea, everything but crack, heroin and your cock.
holding by Sergio Galindo March 30, 2007

Donut Holder 

(n.) A cop's penis.
Girl 1: Why do cops love donuts so much?
Girl 2: It's pretty obvious. Their dicks fit perfectly inside them. Fuckin' donut holders!
Donut Holder by Ankylosaurus February 25, 2010

holding it in 

Holding in a piss or a shit, often on a road trip. A necessary life skill.
Jeff was holding it in on the bus ride; he really had to piss!
holding it in by ffffffffff November 15, 2006

holding it up the ass 

When you have a big turd hanging around your anus, but you refuse to let it out.
Billy was holding it up the ass in class today.

I ain't fuckin this cat, I'm just holding the legs 

Don't blame me, it ain't my plan, I just work here.
Jack: Why are we reorganizing the supply closet for the third time this week.

John: Hey, I ain't fuckin this cat, I'm just holding the legs.

Jack: Got it.

Holding the Mic

When a group of people are smoking weed and one person gets the bowl. This person simply holds it and chit chats for five minutes instead of smoking it and passing it.
Hey Andrea! Shut up, smoke that weed, and pass it..you are holding the mic!
Holding the Mic by Joegie May 20, 2008