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 June 20, 2006
by Paku123 September 06, 2006
P-Hat Or Party Hat is a very Rare Discontinued Runescape Item that is worth Hundreds of Millions of Coins
Noob1 - wow that guy has a P Hat .. he must be rich.
Noob2 - Dude, P Hats are a sure sign that guys never been laid...
Noob2 - Dude, P Hats are a sure sign that guys never been laid...
by ZMAF May 03, 2011
by yermawsgotbaws November 10, 2004
Slang for an uncircumcised penis
by jtrepassodigraci November 17, 2023