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4.
a group of elitist assholes who choose to live with other elitist assholes to prevent the gaining of a grander world perspective and the development of personal creativity, in favor of living stagnantly in the fetid bosom of the socialised groupthink order, so as to gain some bureaucratic power over each other such as forcing others to clean toilets and kitchens. also key to the idea is participation in larger scale masturbation techniques with other fraternity and sorority organisations in which small inane projects are created to foster a greater sense of selflessness through which rich culturally inert mongoloids see they are just the same as other rich culturally inert mongoloids.
Hey, Phi Kappa Psi guys, lets work on the homecoming float with the Kappa Kappa Lambda girls after we finish chapter where we bitch at each other and talk about how we got drunk this weekend. I think we all have a responsibility to do that and plus it will be fun.
by EdddwarrddMaston October 18, 2006
 
1.
The Noble Fraternity, founded in 1852 by gentlemen who sought a fraternal bond through the great joy of serving others. Non-sectarian and elite since its founding, Phi Kappa Psi continues to stand above the rest. Also known by nickname of Phi Psi.
There is no higher honor than becoming a member of Phi Kappa Psi.
by Russ December 21, 2003
 
2.
Where your party is our pregame..
College Girl 1- These guys are lame, and they just ran out of jungle juice.

College Girl 2 - Yea let's go to Phi Kappa Psi they're always raging.
by phipsi May 30, 2011
 
3.
Brainwashed fraternity guys who like to think that they are better than everyone else. They like to think that what they do in the fraternity and their position in the fraternity is a representation of their value as human beings, and is a scale of how successful they will be in life. They have a weekly chapter meeting, that is anywhere from 3 to 5 hours long, where they bitch about everyone who is not in the meeting, and continuosly have pointless arguments that get them all no where. And they look down upon anyone in the fraternity who disagrees with the majority, and has friends outside of it.

Some of them, about a fourth, are genuinely good people who just want to party, better themselves, and make friendships that will last them a lifetime. It is a pity that a majority of them are tools.
- Hey Phi Kappa Psi brothers we're much better than everyone else. It's cause we say so. Yeah, everyone wants to be just like us.
by Betrayed Brother January 04, 2008