"Holy god" equals "God holy", and the contraction god + holy produces "golly".

That's it: "golly" is a contraction of those two words. Hence, it literally means "Holy god".
(doing mountain climbing for the very first time) Golly, I'm scared!
(watching puppies playing) Golly, this is too cute to watch!
by Sampayu June 17, 2020
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A slang word that can be used in place of "jelly" or "hole".
"Whoa, that guy has a huge buttgolly."
"This donut has a delicious golly filling."
by Mrs. Phyllis Torgo March 22, 2005
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slang term for marijuana, esp in northern sydney with the greek and lebanese youth
y'all wanna go smoke some golly
by tin July 29, 2004
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A word that can be used in place of "jelly" or "hole".
"Whoa, that guy has a huge buttgolly."
"This donut golly is delicious."
by Mrs. Phyllis Torgo March 22, 2005
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The substance made of many green and yellow mucus related juices which form a semi solid booger looking object. It may fly out or either the nose or mouth particularly into cereals at any given time.
Lachlan : (eating Nutri grain)

Leb: (coughs) Oh yuck Lachlan a GOLLY just flew into your cereal.

Lachlan : I’m not eating this anymore.
by BigPapi696969 September 16, 2019
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An expression of surprise, delight or shock used predominantly by landed gentry or complete nerds
"Golly I hope the weather is lovely for the steeplechase on Saturday"
by KImCobain February 11, 2015
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The sticky stuff that you bring up when you have to spit. Verb
Man, i gotta gollie, hang on, *spits*
by ozzyprideworldwide May 18, 2008
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