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Ily

verb Acronym
To be on very good terms with someone. This term is generally used very colloquially and does not actually mean “I love you (romantically)”. Instead, it generally means that the two people get along very well, and can be said in any number of situations. It’s generally pronounced “Ill-ee”
 
You totally carried the team that game! Ily man.
Etymology : Acronym of “I (from Proto-Indo-European ego) love (from Proto-Indo-European leubh “to care, desire, love”) you (from Proto-Indo-European ju)”
Source : Conversation with online friend, November 20, 2010
Last modified: 9 December 2010


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