8
Short for 'partyhat' a symbol of wealth in the massively multiplayer online roleplaying game 'RuneScape'. They were 'dropped' in game on Christmas 2001 inside of Christmas Crackers, which you use with another player to obtain the hat. Today, they are worth millions in RuneScape currency and require months of playing to obtain. People pay upwards of 500 U.S. dollars on Ebay for certain hats, as they come in different colors(Blue, White, Red, Green, Yellow, Purple).
OMG that dude is so leet he has a p-hat!

I'll never make enough money to get that blue p-hat..
by BobbyDrake June 19, 2006
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9
pretty hot and tempting
pussy hips ass tits
by phat man May 17, 2003
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10
1. A word to describe a rhythm that one likes. Comes from back in the old days, when people would call certain beats in songs "fat," referring to their presance. It's been adopted into slang rather recently, probably in the late 80s.

2. Often made into the backronym of "pretty hot and tempting." This is not what it originally stood for, but things change.

Now considered a major faux pas.
1. Dude, the beat on that song is phat!

2. Check out that phat chick across the floor.

(The proper response to both of these phrases is "fuck off.")
by Spença B May 07, 2007
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11
An abbreviation that = (P)retty (H)ot (A)nd (T)hick
Despite the previous definitions, this is the modern definition for the abbreviation! Used to describe a beautiful girl.
Cool Girl: Does this sundress make me look fat?
Cool Guy: Nah, if anything it makes you look Phat, Pretty Hot and Thick.
by TheBigBootyConnoisseur September 29, 2015
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12
P.H.A.T. - Perfect Hips And Tits
The woman C is phat.
by GIC June 23, 2005
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13
1. That website is phat.
2. She looks phat.
by Francis Gaus August 24, 2005
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14
A word that never should have been invented in the first place.
Man, that's "phat"!
by Johntoo August 19, 2009
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