adj. used as a take off of the word, "classy." Klassy people have a lot of money, but they do not use it in the, "classy," way people with money should spend it. If they spend ridiculous amounts on: flashy bags that have the label stamped everywhere on it, an ugly house next to a highway but is HUGE, slutty lingere made out of diamonds, etc. that is someone you would refer to as, "classy with a capital K."
klassy girl: HEY GUYS LOOK AT MY NEW COACH BAG ISN'T IT ADORRRRABLLEEEEEEE LOL I LOVE HOW THERE ARE C'S EVERYWHERE IT SHOWS THAT I CAN AFFORD DESIGNER NAMES, BECAUSE IF I DIDN'T HAVE CLOTHES WITH LABELS ON THEM PEOPLE WOULD ASSUME I WAS A PROSTITUTE.
*most reality show tv stars