any object or thing thought of as "ghetto" in a cool, in style, or hip nature that really isn't from a ghetto or slum
That new car is ghetto fabulous.
by Jillian and Paul November 24, 2002
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something orginated by broke people that is good no matter how much money you have
This morning I was doing it ghetto-fabulous. I had a fried bologna sandwich.
by MissFontella June 9, 2004
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when the value of your clothing doesn't match your bank account.
my ghetto fabulous $300.00 sneakers got wet, while i was on my way to borrow money from my friend.
by ghetto fabulous March 21, 2019
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an alcoholic beverage made of Red Kool-Aid and Scotch, ALWAYS served ON THE ROCKS
by Wicked Ho September 30, 2006
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workin' the system, on the cheap, to your advantage. livin' the high life but without the cost.
it's hard not being ghetto cuz ghetto is cheap. also people don't expect much - like if we get caught shovelling food into tupperware in the buffet or jumping the line or freaking in a hottub, what can ya say? ghetto...shrug...and that's it.
that makes us ghetto fabulous.
by flax daddy March 25, 2006
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a state of being cheap and trendy at the same time. rockin' hot outfits without killing your pocketbook.
Oh! Gurl! You know you be rockin that ghetto fabulous wardrobe every day!

Two words, Girlfriend...Wal-Mart!
by gigi23 March 31, 2005
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The supposedly gangsta appeal that you'd see from rappers and shit on BET
Woah, did you see G-Unit's new clothes line, that shit was ghetto fabulous.
by 2HoT4YoU June 9, 2007
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