A trustworthy
individual who acts as a middle man between a seller and a network of buyers in
black market exchanges, especially those relating to illegal goods. Usually helps
facilitate the sale process and is in place to keep the seller (and, consequently, posesser) of the illegal goods from getting set up or screwed over.
Origins: The idea that the fence around the yard keeps the neighbors and cops from looking in and seeing what people are doing.
Fence (on phone to dealer) ~ Yo I got these people who are gonna want a cut, I'll be over in an hour
Dealer ~ Okay man that's $40
Fence ~ okay (calls buyer) I've got
your shit, meet me at
the Plaza in
two hours with $40