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A misspelling or mispronunciation of "indubitably", meaning too obviously true to be doubted.
Q: Are you sure that word is spelled with a 'v' and not a 'b'?
A: Induvidably!
another way to agree with someone, meaning: indeed, or affirmative
a fake word to sound like a fancy fuckhead, typically an affirmitive
man:hello mr.bush, do you think war with iraq is a good idea?
bush:induvidably!