oledoit

"OH, LET'S DO IT!"; different spelling of oleduit.

Used to describe eager willingness to do something; usually, but not necessarily, that 'something' is exciting, unexpected, illegal or dangerous.
Can be used as sarcastic response to someone's odd proposition.

-i got tha dope, are we getting fucked up today?
-OLEDOIT!

1% of UK's population: Bloody immigrants better sod off and rot in their shitholes, instead of sucking on our budget's saggy tit and raping our women. UK must leave EU and close the borders.
30%: OLEDOIT!

oledoit by delishprawn November 3, 2016

oleduit 

OLEDUIT;oh-le-do-it;oh, let's do it - popular lyrics from the southern rapper Waka Flocka Flame.

Commonly used to convey extreme enthusiasm toward participating in an event, i.e., fighting, getting fucked up, having sex, and other activities of such nature.

CORRECT USAGE

Real Nigga #1: You tryna' hit the club tonight, son? I just copped a grip of dro from my nigga, Ronald, I'm finna' get faded as fuck!
Real Nigga #2: Nigga, I'm 'bout to get my knob slobbed tonight--OLEDUIT!!!

INCORRECT USAGE

White Guy #1: Hey, dude! You down for some skateboarding later?
White Guy #2: For sure! Oh, let's DO it!

oleduit by deejk September 27, 2011