2)A stereotype used as a negative way to insult a pimp.
2) I've had enough of this pimp shit!
ho: "i'm sorry rufio! i'll have more than 12 cents after i get a boob job, a facelift, and liposuction."
pimp: "that ain't an excuse bietch! now getcha flobblin ass over heya and take this load of pimp shit!"