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Ant’s pants vs Have ants in one’s pants

ant’s pants—(Austral. sl.) the height of fashion; the ultimate in novelty or style:

  • You always think it’s the ant’s pants, and then something better comes along.

have ants in one’s pants(coll.)

1. fidget constantly because of extreme nervousness:

  • Why can’t you stand still, do you have ants in your pants?

2. be impatient or restless:

  • The boss has ants in his pants and wants us to have it all ready for him on Tuesday morning.