A pseudo- Old English word meant to connect a restaurant or shop to the medieval period. It is actually meant to be pronounced "The old", but most people say "Yee old". The 'y' used to be the old English letter 'thorn' (þ), which represents a 'th' sound.
A: Did you go to Ye Olde Shoppe? I heard it's hundreds of years old!
B: It was literally established last year. Also, you're pronouncing it wrong.
An ancient bag of rusted RAM sticks, bordering on archeological relics. Comprised primarily of RAM sticks with a capacity no greater than 2MB each. Usually found in the secret closed-off computer room at the back of your high school library.
"Crap, I tried to OC and now my RAM is fried. Let's take a trip to thelibrary to get some from ye olde bag of RAM"
"You could get an extra 4 MB out of ye olde bag of RAM."
From Family Guy, when Peter Griffin started his old English pub. As you can tell, he put an E at the end of the words to make it Old English like. Knowing Peter, he would an 'e' on Pub, making it Pube.
Bob: I'm going to the Ye Old Pube Joe: --Pube? Is that a gay bar?