Huzzah is, according to the Oxford English Dictionary, "apparently a mere exclamation". The dictionary does not mention any specific derivation. Whatever its origins, it has seen occasional literary use since at least the time of Shakespeare, as the first use was in 1573, according to Merriam-Webster.

Where did the term huzzah come from?

The first records of huzzah come from the late 1500s. It is thought to come from a word that sailors used to shout in celebration. It may derive from the word hoise, meaning “to hoist”—which they'd shout when hoisting (raising) something, like the sails of the ship.

What does huzzah in Russian mean?

: an expression or shout of acclaim —often used interjectionally to express joy or approbation.