Top Definition
Deeply in debt but ostentatious.

Akin to Nigger Rich.

Continuing to spend spend money one doesn't have for things they don't really need.
If the U.S. keeps up this ghetto spending, we're all going to be in deep shit.

The U.S. continues to borrow money so it can ghetto spend on entitlement programs and war.
by S3XW1THM1DG3TS July 28, 2011

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