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2.
How you greet the most amazing girl in the world.
"Hello milady, how are you?"
by Tobadious September 05, 2009
 
1.
An Old English term of address to a noble woman or woman of high regard. Short for "My Lady."
jousting knight to a noble woman: "I shall win this match for you, milady!"
by brokenmyth February 22, 2009