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Jyutping ho4 laan1 seoi2 goi3
Pinyin hé lán shuǐ gài

Definitions (CC-CANTO)
  1. (n.) a metal bottle soda cap (from the 60s); a humourous way to refer to a medal or an order of merit
Definitions (粵典–words.hk)
  1. 名詞、俚語
    即​係​由​政府​頒​發​嘅​勳​章​,​因為​勳​章​嘅​形​狀​望​落​去​好似​荷蘭水​樽​蓋​,​所以​就​戲稱​為​荷蘭水蓋
    medals and decorations; literally: Holland water (soft drink bottle) cap
    • 而家年年七一都派紫荊勳章,搞到荷蘭水蓋大貶值。
      而家年年七一都派紫荆勋章,搞到荷兰水盖大贬值。
      ji4 gaa1 nin4 nin4 cat1 jat1 dou1 paai3 zi2 ging1 fan1 zoeng1, gaau2 dou3 ho4 laan1 seoi2 goi3 daai6 bin2 zik6.
      More and more Bauhinia medals are awarded every year on the first of July, which greatly depreciates the honor these medals stand for.
Definitions (Wiktionary)
  1. noun, Cantonese, Hong-Kong, dated, humorous
    medal; badge (due to the resemblance of appearance between a soft drink lid and a medal)
  2. noun
    Used other than figuratively or idiomatically: see 荷蘭水/荷兰水 (hélánshuǐ), 蓋/盖.
Definitions (Kaifangcidian)
  1. 勳章 – 勋章
Examples (粵典–words.hk)
  1. Cantonese
    而家年年七一都派紫荆勋章,搞到荷兰水盖大贬值。
    而家年年七一都派紫荊勳章,搞到荷蘭水蓋大貶值。
    ji4 gaa1 nin4 nin4 cat1 jat1 dou1 paai3 zi2 ging1 fan1 zoeng1, gaau2 dou3 ho4 laan1 seoi2 goi3 daai6 bin2 zik6.
    • More and more Bauhinia medals are awarded every year on the first of July, which greatly depreciates the honor these medals stand for.