n) A hot chick from a cold place.
Bob: "Damn, that chick is hot!"
Paul: "Dude, shut up, that's my sister! She's visiting me from Minnesota."
Bob: "Well, your sister's an Arctic fox!"
A girl who is beautiful, but cold. Or just an unattainable hottie.
dude1"oh dude, that fox is so hot!"
dude2"yeah but dont get your hopes up, shes an arctic fox ever since dude3 pulled an alaskan firedragon on her."