When you want to show everyone else how cool you are, you raise both your hands in the air and yell "Steve Holt". If you name was actually Steve Holt it would make more sense. From the awesome show, Arrested Development. A somewhat slow, most popular high school student named, Steve Holt, will do this whenever he wants others to know how cool he is.
by The Carester September 13, 2005
A situation where upon achievement of climax, the first party extends their arms in celebration and ejaculates "Steve Holt!"
by IGotHolted March 11, 2023