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.

(noun) A successful type of theft which results in an acceptable, impressive and rewarding payday for the protagonist.

pronounced: "yee old" or alternatively "y'old"

Definition:
A phrase of ebonic origin to be used before an insult.