Literally: she/he/it exists; they two exist.
The Navajo word hólǫ́ is a verb, so in the Navajo language, it will follow the noun and the appropriate prefixes.
Besides meaning that something exists, the word also implies possession. This means that the nouns, or objects, which directly precede hólǫ́ are in the possession of the subject that precedes those objects.
Here’s a simple example:
Benjamin mą’iiłitsxoo’í hólǫ́. Benjamin has a fox.