/ Dictionary / Index H holy oil: Meaning and Definition of Find definitions for: ho'ly oil' Pronunciation: [key] consecrated oil; chrism. (esp. in the Eastern Church) oil that has been in contact with a sacred object, as a relic, and is used in certain rites. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. holy of holies Holyoke Related Content Daily Word Quiz: winsome Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language