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To go all the way, to give it all you have and hold NOTHING back.
"That's it, I'm going the full monty and betting all my chips!"
by GhostFaceGirl February 09, 2005
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British high street taylors Montague Burton, now called simply Burtons, did a range of cheaper suits, with optional waistcoat. I think this was around the 1940's. Having a Full Monty was going in and getting trousers, jacket AND waistcoat, especially if you were a soldier going back to civilian life.
by wuggy February 10, 2008
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