1 definition by 124kkl

Top Definition
A Chicago suburb, comparable to the classic north shore suburbs, just not directly on the lake. Characterized by new money and an amazing high school football team, Libertyville provides for an excellent, although typical, upper-middle class lifestyle. When in the town, one will notice a cute yet quaint historical downtown area, as well as an abundance of car dealerships. Affectionately called L-ville by those who live there.Q: Which Chicago suburb is better than you?
A: Libertyville

"New Money" means people who have vast sums of wealth, such as CEOs of multinational corporations and the like, NOT people whose parents own local car dealerships or small businesses and live in million dollar homes. I promise. I live in Libertyville and I know of no family that would be considered "new money". New Money is also a rather derogatory term, as it implies that they are people who have money with no sophistication or social graces to use it, so I don't understand why people would be eager to apply that term to themselves. I would define it as a nice, very upper-middle class suburb with a historic downtown district, excellent schools (with equally excellent athletic and musical programs), and a nice place to live. As much as many people would like us to be, we're NOT part of the North Shore- we have no access to the Lake! I'd probably also define it as a town that seems to have a lot of people who are full of themselves, judging by the first definition.
Libertyville is a northern suburb of Chicago
by 124kkl December 02, 2005
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