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1.
'Spice' means: Hot, good looking individuals, usually girls.
'Dead Spice' is the opposite
'Dead Spice' Ugly, not good looking individuals, usually girls

(IN LONDON WE NEVER REFER TO MALES AS SPICE OR DEAD SPICE, SPICE OR DEAD SPICE IS ONLY FOR GIRLS)
Peter: "John what do you think off Rebecca"

John: "Fam she's a Dead Spice"
by SayNoMore November 27, 2011