informal A more emphatic way of saying "yes." A: "Are you going to the party tonight?" B: "Yes, indeed. Probably going to head over there around 9 or so." Yes, indeedy, I truly believe that this is the finest pizza in all of New York City!
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Yes indeed(y do)!
Inf. Definitely yes! Tom: Will you marry me? Jane: Yes indeedy do, I will! Charlie: Did your horse win the race? Bill: Yes indeedy!
See also: yes
McGraw-Hill Dictionary of American Idioms and Phrasal Verbs. © 2002 by The McGraw-Hill Companies, Inc.