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.")
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