A colourfully vulgar slang term for the anus, born from the visual similarity between a puckered ring and a cheerio (the small cocktail sausage popular at kiwi and Aussie parties). The 'leather' component adds a texture-based layer that makes the image even more vivid — and the combination lands somewhere between gross-out humour and genius folk poetry. Classic antipodean slang: simultaneously crude, inventive, and oddly cheerful.
He was so tight with money his mates joked he had a leather cheerio for a wallet.
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(slang, vulgar) An anus.
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
See all Regional & Other slang on Slangora.