by polopice February 3, 2008

A hat(or cap) with an almost completely flat brim. Popular brands are "New Era" and "59FIFTY". They are not adjustable (hence the fitted) and usually come with gold stickers. The hat loses value if you remove the sticker. Prices range from $20-$50. Popular with gangstas.
by CoolLarkin December 9, 2008

An adjective used to describe something that is awesome or the best.
the "cake"
the "Ultimate"
the "ish"
the "cake"
the "Ultimate"
the "ish"
CAITLIN: I got an ipod for Christmas, what'd you get?
TREVOR: WELL...I got an iphone.
CAITLIN: DANG! that takes the daddy hat!!
TREVOR: WELL...I got an iphone.
CAITLIN: DANG! that takes the daddy hat!!
by caitlin Perry December 15, 2008

by Bobandvageen January 31, 2021

Short for 'partyhat' a symbol of wealth in the massively multiplayer online roleplaying game 'RuneScape'. They were 'dropped' in game on Christmas 2001 inside of Christmas Crackers, which you use with another player to obtain the hat. Today, they are worth millions in RuneScape currency and require months of playing to obtain. People pay upwards of 500 U.S. dollars on Ebay for certain hats, as they come in different colors(Blue, White, Red, Green, Yellow, Purple).
by BobbyDrake September 1, 2008

When you tell a girl you put on a condom then proceed to have sexual intercourse with her. You then climax inside of her and tell her you swore you put a condom on. If she claims that you got her pregnant, revert to an,"Italian Abortion."
I took this girl home from The Lodge. I was out of condoms and she said she wouldn't do me without one. So I pulled a Magic Hat. I opened up a pack of gum and pretended to put one on then had sex. She never knew even when I blew a bubble up in her.
by FILTH378 July 29, 2010

by Q oNe A January 5, 2008
