phat lewt 

Phat Lewt = Fat Loot
Fat as in the slang word; Cool/good
Loot as in Items picked ut(looted) from mobs in games, most often mmorpgs

I want phat lewt!
I got phat lewt!

phat lewt by mriswith April 13, 2006

phat lewt 

To attain elite equipment in a game by various means.

"d00d! I got PHAT LEWT!"

or

"I want teh PHAT LEWT!!"

phat lewt by Thran February 13, 2003

Phat Lewt 

Extremely good items aquired in any game for killing a boss/completing a quest. Typically used in mmorpgs

Dude I just got phat lewt for killing that monster!

Phat Lewt by Maximillius February 22, 2004

Phat Lewt 

Really awesome loot from a PKill see also: wordSick Armor

Phat Lewt by three_sixteen February 13, 2003

phat lewtz 

Items of some value in a massively multiplayer online game.

Well Walter, I'll have you know that I discovered several phat lewtz last night.

phat lewtz by Nord March 23, 2004

phat lewts 

Used primarily in online mmo's, and describes exceptional treasure. Much better than regular lewt, phat lewts are usually rare and powerful items, such as weapons or armor.

w00t! phat lewts!

Man, those purple drops in Molton Core are phat lewt!

phat lewts by Ted Lach January 9, 2006

phat lewtz 

to be the recipiant of booty that is beyond comprehention; to recieve anything that is just simple pure 1337.

Jerad: I just won a new car!
Eddie: o shit phat lewtz!!

phat lewtz by J__Rad May 25, 2005