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1.) The word is an ode to the Renaissance leader Cosimo de' Medici. It has multiple uses but is often used when describing something as complete, good to go, alright, straight, golden, and legit.

2.) Medici could also be used as a way to address an amigo, bro, or broski.

see: straight golden legit bro broski
Mike: "oh shit are we having that History test today, I'm totally fucked I didn't study at all."

Garfunkel: "nah man its tomorrow."

Mike: "oh I'm Medici then."
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Winston: "you wanna get at that party tonight Jack?"

Jack: "hell yeah Medici, that shit should be Medici."
Medici by beerpongpro November 5, 2009
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Medici Corp 

A multi - game charity corporation that was originally created in the game of RuneScape by Alecs1 over 3 and a half years ago. It was the first corporation in RuneScape. Since then it has expanded into Second Life with the guidance of its ambitious Chief Executive. Medici has no set borders.
Medici Corp just gave a million gp to charity
Medici Corp by Phazer898 June 12, 2007

Melvin medici 

A man who grew up in surrey and went to LA Mathesen. Does paradise of surrey jacks and is funny.

Some things Melvin says is YoOoOoOoOoOoOoO, thass crazzyyyy, ima call my cuzins on uu
Melvin Medici Wanna ditch and go to bear creeek
Ima call my cuzins on uuuuu
This guy don’t know YoooOoOoo
Melvin medici by Surreykid January 9, 2019

Ryan Medici 

Someone who is as gangster as gangster gets. Likes to make money and grinds for it everyday. A force to not be reckoned with. Cooler than the North Pole but hotter than the sun.
We went to the zoo and saw a Ryan Medici fighting 15 tigers at once.
Ryan Medici by GETOFFMYLEVEL March 17, 2011

Blood Medic 

Blood Medics are the combat infantry medics of the 1-22nd Infantry, 4th Infantry Division. A grim band of badass m-frs who bring their grunts back alive at all cost.
Send in the Blood Medics to set up the Aid Station- the boys are going to go shake down that Taliban village.
Blood Medic by BloodSorcerer August 20, 2013

Medic bag 

Something the PAYDAY Gang is in constant need of, especially Dallas.
AAAAAGH, I NEED A MEDIC BAG -Dallas
Medic bag by Tacticalbananas February 27, 2018
A phrase far too overused by people who play Team Fortress 2. They spam it when they do not need to be healed because they are either:

-trying to get the medic away from healing a person they do not like
-a spy looking for achievements or a free backstab
-plainly an asshole
-a suicide player who wants a spawn that lasts longer than 30 seconds.

This can lead to people muting everyone on their team, turning off their speakers, quitting, or just switching classes. These can lead to miscommunications and no healer classes on the team.

Thus, those who spam MEDIC!! are really just trying to get themselves killed.
You pick a Medic class, not knowing what's about to happen.

Spy disguised as a Sniper: MEDIC!! MEDIC!! MEDIC!!

Heavy: MEDIC!!

Engineer: MEDIC!! MEDIC!! MEDIC!! MEDIC!! MEDIC!! MEDIC!!

Another Medic: MEDIC!! MEDIC!!

You: ...I don't want to play this game anymore...
MEDIC!! by Fist of Romulus November 9, 2011