The phrase signifies a period of great enjoyment, excitement, and pleasure. It communicates that an experience was exceptionally fun and memorable. For example, individuals might use it to describe a particularly enjoyable vacation, party, or social gathering.
Conveying positive emotions and shared experiences effectively contributes to social bonding and strengthens relationships. Using such expressions reinforces the perception of events as successful and worth repeating. Historically, the expression has evolved from informal vernacular to become a widely recognized idiom for expressing enthusiastic enjoyment.