Informal a frankfurter or wiener, esp. one served hot in a long, soft roll, with mustard, relish, etc.
Slang an exclamation used to express delight
Origin:
orig. (?) so called (c. 1900) by T. A. Dorgan, U.S. cartoonist (died 1929), prob. in allusion to pop. notion that the sausage was made of dog meat