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ghetto spread 

A stock trading strategy invented by the Trading Fraternity meant to make plays "free". This strategy involves purchasing a call or put then locking in profit by selling an option further out the money.
We bought 2 TLT February 12 165 calls for .21 then ghetto spread it making free by selling 1 February 12 170 call for .42
ghetto spread by Cult Member Chad September 21, 2020

ghetto redneck hoodrat 

A youngster born and raised in the backwoods who dresses and behaves as if he is from the mean streets of the most dangerous part of the ghetto.
Bubba is a ghetto redneck hoodrat acting like he's from 5th Ward but he really lives with his parents way back in the thicket off of Walnut Burl Rd.

Ghetto Milk 

When there is less than half of the milk left in the jug and you squirt chocolate syrup in it, shake it up, and BAM! chocolate milk, ghetto style.
Mang, I love me some of that ghetto milk in the morning.

Fred: "Man, we almost outta milk!"
George: "Aye, dun worry! We can make some dat ghetto milk, brah!"
Ghetto Milk by ghettomilkftw June 17, 2011

Ghetto Blasta 

When a Ford Explorer has a terrible sub system and shoots out vibrations that will make you go on a ride through a magical forest with a hint of cajun spice.
Yesterday, the Ghetto Blasta was playing some gnarly dubstep and it almost made me have a conniption!!!!!!
Ghetto Blasta by KARB July 8, 2011

Ghetto Air Conditioning 

Holding open the freezer door.
I couldn't afford an air conditioner so I had to crack open the freezer for ghetto air conditioning.

ghetto booty 

describes females with serious package in the rear. Always out of proportion to the remainder of the bdy, but still nice looking.
J-Lo has a ghetto booty
ghetto booty by Lance February 5, 2005