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1 definition by slimm jim

 
1.
The greatest fraternity that ever existed. Composed of individuals who are the most athletic, fuck the hottest girls, and maintain exemplary grades. Referred to as "The Shit." PiLams are known for being non-discriminatory towards everybody and propagate freedom for all men of all creeds.
Pi Lambda Phi parties are the craziest, wildest, and funnest. Hot girls feel blessed to have been fucked by a PiLam member.
by slimm jim April 25, 2006