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adjective. 2. slang. A-OK; great. [1920 25; ace + -y2 + deuce1 + -y2]This word is first recorded in the period 1920 25.

acey-deucey, dice board game, a variant of backgammon, much played in the U.S. Navy, Marine Corps, and merchant marine. For the basic play of the game, see backgammon. Acey-deucey differs from standard backgammon in that all pieces begin off the board.