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It is actually "Mazal tov" which means good luck, congratulations, cheers. It's a really nice, friendly term.
by Mokaz July 02, 2009
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(verb) To raise the chair.

Originally from the word "Mazel-tov", it etymologically means "to raise the chair".

Often used in moments of joy, hapiness, celebration and other similar emotions.
In celebration:

(All): "Mozoltov!"
by Bran Flake November 14, 2009
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A term usually used as a charm such as good luck, this word is mainly used at parties or new year to say cheers

(see BlackEyedPeas video for i gotta feeling)
by Lil'missknowitall July 12, 2009
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