High Quality Content by WIKIPEDIA articles! Ye Olde is a stock prefix, used often anachronistically in the case of theme pubs, to indicate things of medieval extraction, things which are English, or, as in popular caricature (especially in the United States) the two are synonymous, both indicating, perhaps, a Deep England, half-timbered feel. THe construction Ye Olde English Pubbe is the usual example, a standard bar name akin to The Red Lion. THe use of the term "Ye" to represent a pseudo-Early Modern English form of the word "the" is, in fact, incorrect. THis mistaken attribution is due to the medieval usage of the letter thorn (þ) the predecessor to the modern digraph "th". THorn (þ) is a letter which is today only in common use in Icelandic. THe word "The" was thus written EME ye.Png, i.E. Þe. HOwever, as the thorn was uncommonly available in Medieval printing presses, the letter Y was often substituted, due to its similarity in some medieval scripts, especially later ones. THis led to the common belief that the word "Ye" is an archaic form of "The." "Ye" is actually a pronoun.