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1.
Another word for money. Steming from slangs such as cheese, chedda, or gouda. An abbreviation for velveeta, which is a brand of cheese.
"Man, you know P-Twice is makin' veeta dawg."
by Pat Phelan January 23, 2007
35 6
 
2.
From the word velveeta.
Anything that is not cool. Something that is cheesy or tacky.
The decorations in the hotel room were veeta.
by mischabarton31845 January 17, 2010
2 0