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A derogatory term for a person of Italian decent, usually those who try to be a stereotypical American-Italian. Similar to racial slurs such as nigger and cracker.

Signs of this include but are not limited to: over-greased hair, Italian accent (even though they aren't actually from, nor have they ever been to, Italy), frequent references to the mob (even though they know no one in the mob), and using "I'm Italian" as an excuse to be rude and/or fat.
Guito: Let's go to the Olive Garden.

Person: I thought you were on a diet?

Guito: Shuddup, I'm Italian, this is how we eat. Don't disrespect me, I'll get cousin Vinny to break your shins.

Person: You don't even have a cousin Vinny. You're such a guito.
by Carolineee October 12, 2005
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means money, cash, in portuguese slang (Lisbona area). It means the same as arame. Other common expressions for the same are "Taco", "ferro", "massa" and "cheta".
E pa, tens guito? Podes emprestar-me algum?
Hey, man, got "guito"? Can you lend me some?
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The amazing supply teacher that smells like Xmas and joy. He will forever bless your Mondays. He is the king of all nice supply teachers. The only possible explanation is that he is an elf sent there by the man in red himself, snata. He will forever watch over you and he is the very best.
Person 1: History sucks, how was your day?
Person 2: EEEEEEEEEE I had a GUITO!!!!!!!!!!!!!!!!!!!!!!
by chillychizz November 26, 2018
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used as a negitive term for italians. guito is to italians as the "n" word is to african americans. its an insult.
mike: man, i hate carlo, he's such a guito.
joseph: why do you have to call him that. i'm italian too!
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