This meaning refers to cooling food or drink by placing it in or around ice.
She iced the drinks before the guests arrived.
The bottles were iced in a large bucket.
As an adjective, iced describes a drink or food chilled with ice or served cold.
He ordered an iced coffee.
Iced tea is popular in hot weather.
This slang meaning can refer to removing something from consideration or killing someone and may occur in crime-related language.
The producers iced the unpopular project.
The criminal threatened to have him iced.
