What Does "¡Olé!" Mean?

Quick Answer

¡Olé!  = Bravo!

An interjection used to encourage, you're especially likely to hear ¡Olé!  at a sports match, concert, or any other time you find yourself in an arena or stadium.

Nuestro equipo acaba de meter un gol. -¡Olé!
Our team just scored a goal. - Bravo!
 
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