Stubby Holder Edit Meaning

1.

An insulated holder for beer cans and bottles. Australian for koozie.

Man it's hot - have you got a stubby holder to keep my beer cold?

See koozie, coozie, insulator, holder, container

2.

When one gets extremely intoxicated and passes out, only to have his mates remove his strides and firmly plant a stubby up his arse.

Arrgghh look at the monkey. Can't handle his piss. Stick a goon up the bastards arse.

(moments later)

Look at him. Look at the stubby holder.