Deriving from Yorkshire, means well done or good lad.
It can also be used where a comical situation has occurred.

Variations include, Aladdy, Elassy (for a female), Laddy, Lad or Elad.
Person A: "I've just won the lottery"
Person B: "Eladdy, can you lend me a tenner?"

OR

Person A trips over
Person B: "Eladdy!"
by Joe Philpot June 5, 2007
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