Noun
A hole, or hollow place, containing mud, as in a road.
A hole near the bottom, through which the sediment is withdrawn.
Source: Webster's dictionaryYou don't get it boy... this isn't a mudhole... its an operating table. (KRAKKKKK) And I'm the surgeon. Frank Miller
"Austin's stompin' a mudhole and walkin' it dry!" (usually said when Professional Wrestler Steve Austin is stomping his opponent in the corner) Jim Ross
At this time the settlement was known as Skinner's Mudhole. Source: Internet