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A free-spending negro who uses other people's hard-earned cash as well as the earnings of their future offspring to purchase ordinarily unaffordable items. Similar to "nigger rich."
"Tyrone, you know you can't afford that '67 gangsta cadillac with the crome wheels!"
"Yeah, homey, but I'm gonna Owebama my boss's cash register and fake ID him to get the college fun he saved for his children to get it!"
by meandawg July 03, 2009
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