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New York Gay slang. Pronounced hell-EEOH. Used commonly to agree with what someone is saying or to indicate the general direction of that which is pleasing to the eye.
Example 1
Queen 1: Did you see that FIERCE Prada purse?
Queen 2: Helleaux!

Example 2
Queen 1: Helleaux! 12 o'clock!
Queen 2: Uh-uh, bitch! He's married! Don't go there!
by Blanche Deveraux November 23, 2005
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