The act of having first time sex, then immediately and progressively distancing yourself from them, thus fading away.
Bro 1 "Yo I finally hit that and now she wont leave me alone!"
Bro 2 "Hit and Fade Bro, Hit and Fade"
by nhbra December 9, 2017
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To drive to a drop off to sell something illegal mostly used in Chicago
Yo boa ima hit this fade real quick then we can go to martrels to smoke this spliffy
by Red banana split July 25, 2020
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