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a manner in which one completes a given task in a superb and outstanding manner. One can also use the infinitive "to put on ice". Here, the direct object of the phrase is preserved for future and repeated reference pleasure. Again the D.O. is the recipient of a stealthy, ill, boss or sav action. Said action may be sexual, drug-sale related, in reference to a free-99 sale, or some other exploit of speaker.
"yo dude, that bitch last night, she wouldnt drop brains, dude" "yo dude, ice it."

"Yo dude, I'm trying to move this Key though, but I cant find any takers..." "yo dude, put it on ice"
by jjblue June 12, 2006