when you wait for your friend to be concentrating really hard on something or deep into a conversation, then you pull out your penis, put it in his hand, and say "hold this".

When you're making a phone call in New York City, this phrase usually means that the person on the other line isn't putting you on hold to help you, but to either talk to another customer or to make a personal call.

in gimme my gots she says hold it as in your bending down waiting for a boy to come hump/fuck you

To possess drugs that yo' want to sell.

A word which is often used for saying goodbye

When one holds in a fart (squeeze the butt cheeks); often times to avoid embarrassment.

v. to regard with inappropriately high esteem. Meant to conjure the image of the object's testicles being cradled by the subject, casting homoerotic aspersions on the latter.