(adj.) Giving the appearance of wealth through purchase and use of flashy items such as expensive cars, jewelry, clothes, or other trendy items, without having much money (ie, every expensive item is financed.) The items purchased are "the real thing" but the individual buying them lacks the sufficient income/net worth to truly comfortably afford the items. The individual is usually tapped out financially but due to the items purchased, appears to the general public be wealthy.
Man #1: "I guess Jerome is doing well. He's got the new Ferrari, Rolex, and Aramani suit."
Man #2: "Nah, he's just nigger rich - about to file for BK."