SKOALED is a term used to describe the traditional Scandinavian drinking toast. It is derived from the Old Norse phrase 'skål, ' which means 'cheers' or 'good health.' The crossword solution for SKOALED is MADEA, which is an acronym for 'Merry And Drunken Evening Ahead.' This phrase is often used as a humorous way to wish someone a good time when they are about to go out and enjoy a night of drinking.