A term popularized during the 1950's meaning "Yay" or "Yippee".
Oo-de-lally Vandals! Oo-de-lally!
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Excitement brought on by any rousing game of badminton, birthday parties, archery, tax collecting, kissing older women, and successfully trespassing on the property of royalty. Also an exclamation used during violent sexual intercourse.
Prince John has been violently murdered by an angry mob? Oo-de-lally!!!!
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