Used in replacement of 'Whoa There!', or 'Back the fuck up!'. Can be used in every situation imaginable.
"$20 for a coffee? WHOA NEDDY!"
"Whoa there Neddy! Back the fuck up before I can you arse."
"Hey someone, guess what I just saw?"
"What? please tell me. I am dying to know"
"I just saw Sally and Mary having sex!"
"Whoa Neddy!"
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