When a person of no money or wealth receives a sum of money and spends it on crap they don't need. For example; payday, pawning something of value, or Workman's comp settlement.

A stupid person; it refers to the lack of surface area on an individual's brain. The general thought is that the more surface area (wrinkles, creases, etc.) a brain has, the smarter the person is. Conversely, a person with a smooth brain (no wrinkles) has less surface area and would therefore be stupid.

primarily invested in depreciating assets i.e. cars, clothes, jewelery ghetto fabulous

When a lazy, non-working, baby-hatchery mother gets Government money (welfare, Social Security, HUD, etc.) because she produces so many children.

Converting one's bills into singles, making the apperance of wealth.

So ghetto, straight from the hood, it's rich

When you work so much you don't have time to spend all the money you have accumulated.