More fancy way of saying yes. Can make even the most dim-witted fools sound vaguely intelligent. Should be used in moderation for fear of making people feel intimidated by the sheer genius of the user.
When in a setting where you really shouldn't say naughty words -FUCK, especially.
You can simply say indeed instead... and it's basically like saying "FUCK YESSSS!" Only, polite enough for grandparents to hear and not have a stroke.
"Well, I decided to get you unlimited texting and a brand new car, oh, and a sculpture of cheese, like you always wanted.."
Kevin has obviously never lived in the UK, indeed is not youre word you son of a bitch, i hate you and hope you burn in the same ring of hell as hitler and Ghandi. Indeed really means: in fact it means "indeed", as in "in" "deed".
guy1: hey, dustin do you want to go get some tasty smooth pudding and run for president?
Dustin for pres in 96: Indeed