What is Honky-donkey?
1.
To agree with someone. To accept what their saying.
person1 "I'm off down the boozer at 6, you coming?" person2 "Honky-donkey, see you then!"
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2.
Means almost anything you want it to mean, usually to annoy the person you are talking to because it has no real definition.
So do you want to go out back and honky-donkey?
I can't believe she did that, that is so honky-donkey!
See