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1 definition by Froot loops

Also referred to as Lbg.
Is a basic idea of someone who gets around with the lowest budget illegally and legally.
For An Example:
A Low Budget Gangster rides around in a cadillac with one rim
Or He tries to get around stealing and selling things
to pawn shops.
Which is low budget,
he is trying to look "Pimpin" or "Ballin" with low cash.
by Froot loops August 17, 2007