I believe it to be some kind of drink. This is heard in the completely fictional song featuring the line 'yo ho ho and a bottle of yarg.' sung in a foney pirate voice unlike the rest of the song. Origins unknown.
Also yargity: a word with no purpose or meaning. Shouted randomly, or possibly the name of computer characters for which the player chooses a name. EG. Yargity (Barbarian) was killed by Fallen Shaman.
by basil June 08, 2004
by Basil August 23, 2004
by Basil April 01, 2005
by Basil August 23, 2004
by Basil August 23, 2004
by Basil September 07, 2003