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Preedo is a term that is slang for "appreciate it, dude."
Hey man, I just picked up a case of Coors Light. Want one?

For sure, preedo.
preedo by Pham PHISH September 20, 2013
Related Words

puréed gays 

puréed gays are a rare species of human -- usually females -- that are obsessed with being gay, and logs (yes logs, like wood). puréed gays come in cults, and can get verbally violent if tampered with.
"have you seen those girls in our class? they're such puréed gays!"
violet, margo, alana, ava, josie, and mia are puréed gays! we better watch out."
An underage hot girl. Must be under 18. Must be at least mildly attractive.
Dude, yer sister is a total preed. When is she turning 18?

Why are all the Chinese gymnasts preeds? They all look 12.
Preed by jethay! May 3, 2011

phreedom 

Freedom for technology and such other derivatives including but not inclusvie to computers, phones, radio, etc. Freedom on the internet, in the airwaves and freedom of text/speech/thought.
d00dz w3 h4lf n0phreed0m! pl4ck the h4n3t!#@!!
phreedom by semen March 24, 2004
Someone who likes drink themself under the table. Preedy's particularly like to do so on their company's tab and proceed to chase scouse scally females around town. Clue's that a Preedy like character is around might be hearing "ABORT" "AWOOGA" or "Are they slags guys, do you think they're slags?"
Hey Calvin, do you want to do a Preedy tonight? I'm getting a Rory just thinking about it!

Oye lads, should we Preedy ourselves tonight on red wine and go to Mood bar?
Preedy by Kriss Akabusi February 13, 2008
The preed is the highest rank of prep "the leader". These preps are usually the most anoying of all the preps. These are the ones that are always talking, and often times have the resemblance of a rat.
Preed - Have you seen jenny latley?! That hair is like, so five minutes ago!
Preper - ...
Cheedie - GO TEAM!!
preed by Mr. Josh January 4, 2008