Webster's English Dictionary

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ye

1. ye \(')ye-\ pn [ME, fr. OE ge-; akin to OHG ir you - more at YOU] : YOU 
   - used orig. only as a plural pronoun of the second person  in the 
   nominative case
2. ye \ye-, y*, or like 1THE\ da [alter. of OE <thorn>e- the; fr. the use 
   by early printers of the]letter y to represent <thorn> (th) of manuscripts 
   archaic  : THE {Ye olde Gifte Shoppe}