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A combination of "phat" and "fancy". Something or someone of high quality, cool and or sexy.
"That girl is phancy."
"That's some phancy gear yo."
phancy by urban_dame October 15, 2006
Related Words

phancy pheast 

Yo, that party was a phancy pheast!
phancy pheast by Butch June 1, 2004

phancy pheast 

A sub cultural icon in San Francisco's independent fashion design world. Predominately active in the 1990's and early 2000's as a muse, model, performer and all around bad influence sought after by the fashion police for genderfuck runway performances. She is currently on sabbatical studying the psychological effects of false eyelashes and old makeup on religious icons for the Musée D' Dernière Mode in Paris.
I sold my autograph of Phancy Pheast for $170 on EBay. I should have taken it to Bonhams and Butterfield's for an appraisal first!
phancy pheast by Phancito April 16, 2008

phanchot 

Common Punjabi swear word meaning "sister fucker"
Today I went to the phanchot supermarket.

That phanchot is getting on my nerves.
phanchot by phanchot May 15, 2008

phencyclidine 

the whole name is phenylcyclohexylpiperidine, commonly known as PCP. PCP is a hallucinogen that people use to lace cigarettes like sherm.
Phencyclidine is the medical name for PCP. PCP is a choice drug.
phencyclidine by JoiJoi October 19, 2009

pharcyde 

The Pharcyde is an American alternative hip hop group, formed in 1989, from South Central Los Angeles. The original four members of the group are Imani, Slimkid3, Bootie Brown, and Fatlip.
Yo I love Pharcyde hits
pharcyde by Tavla_lash February 5, 2018