Dog's bollix
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Def: a positive exclamatory remark or compound adjective. Synonymous with [da bomb]. Refers to an object or event that is clearly the best object or event ever.
I believe that this is a UK slang term. It refers to the fact that a dog can lick his own balls, which seems to be an [ideal situation] for any single dog. Projected into the human world, the statement [heartily] endorses things that cannot be improved upon.
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