Top Definition
Like fancy, only better.
Your Mom's thong is phancy.
by Butch June 01, 2004
A combination of "phat" and "fancy". Something or someone of high quality, cool and or sexy.
"That girl is phancy."
"That's some phancy gear yo."
#sexy #cool #phat #fancy #hot #dame
by urban_dame October 15, 2006
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