This phrase is typically used in informal settings and might not be suitable for formal or professional situations. I wouldn't mention him being in the buff at the work meeting.
Pro Tip 2/3
Connotation Playful
The phrase often carries a playful tone, suggesting a lighthearted or humorous situation involving nudity. They were playing cards in the buff and couldn't stop giggling.
Pro Tip 3/3
Privacy Expected
Use it to describe situations where nudity is expected or normal, like changing rooms or private beaches. Everyone was in the buff at the secluded lake.