Interesting; cool; in-style; something cool or attractive
Wow, that's a phat iPod skin you have there!
by MiStErMaN802 March 17, 2006
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
1. cool.
2. pretty hot and tempting.
1. That website is phat.
2. She looks phat.
by Francis Gaus August 24, 2005
A word that never should have been invented in the first place.
Man, that's "phat"!
by Johntoo August 19, 2009
pretty hot and tempting
pussy hips ass tits
by phat man May 17, 2003
pretty hot and tempting
that girl is p.h.a.t
by cj April 17, 2003
P.H.A.T. - Perfect Hips And Tits
The woman C is phat.
by GIC June 23, 2005
:Physically Hype Aesthetically tight
:Pussy,Hips,Ass,Tits
you have a phat ride
i have fine "phat" girl
by Dunross P October 19, 2003

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