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ghetto piece 

Can be anything ghetto, but usually something that higher-class people can afford but broke themselves.
As I pointed to my locker, I exclaimed, "Look at this ghetto piece."

I pointed to the Reggin's doo-rag, and whispered to my friends, "Look at that Reggin's ghetto piece covering his afro."

"LEEEEEEEEEEEROY JENKINS!" That video is a ghetto piece.
ghetto piece by Leeroy Jenkins June 21, 2005

Ghetto Moon Pies 

Pies made from crumbled buttermilk and whiskey filled with moons. Often consumed in LA where anyone who's ghetto, eats them.
"How ghetto are these Ghetto Moon Pies?"
"Almost as ghetto as the blue lights under the truck."
"Word..."
Ghetto Moon Pies by Smythe October 25, 2004

Ghetto Dick Piercing 

When a woman bites through a mans dick in a dark alleyway and pierces it so they don't have to pay for a dick piercing.
“My dick is in pieces after i got a Ghetto Dick Piercing