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To hold on and not give up. To say I'm hanging in there could mean that you're just all right or it could imply something deeper. For example, the person may be going through some rough times, but they're still holding on and living.
by Dancing with Fire January 04, 2012
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It means your pants are too loose and you have a boner.
"Are your pants too loose?"
"Yea, I'm hanging in there."
by Lugwoggy September 22, 2017
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