A person who knowingly purchases stolen goods to sell on.
the fence promised me 50 for the car radio.
by Angus Prune April 17, 2003
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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
by teezy33 November 10, 2006
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A buyer or seller of stolen merchandise.
"I got this sweet iPod from my fence on the south side."

"Hey Sarge, I hear one of your contacts fingered a fence last night."
by Donald Beckwith August 14, 2006
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Jennifer saw a fence by the side of the road; Tom, Fred and Ralph were standing and drinking beer.
by Pidgems October 17, 2014
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The Border line between two things, most often used to describe the borderline between gay and straight.
Example From Death Note:

L Chains himself to Light by the wrist, using handcuffs

Misa: Oh are you on THAT side of the fence Ryuzaki?

Real Life Example:

Person1: Yo, you heard that Ryan crossed the fence recently?
Person2: Woah! you mean he's gay!?
by xxIcexx February 25, 2008
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Going for it all in one shot. Could be used in many contexts, but generally applies to sports.
Tom Brady just fenced it 90 yards to Randy Moss! Wow

We are down by 3 runs - we don't need a single. Try to fence it!
by s-man65 November 8, 2019
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Slang synonym for "cool", used to describe an event, an object, a person, or a feeling.
(Event): "That concert was the fence!"
(Object): "That canary yellow blouse looks so fence on you!"
(Person): "You're fence."
(Feeling): "I felt on top of the fence on that stage!"
by "Boots" February 14, 2008
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