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Describes a state where one gains significant perceived extra privileges or benefits during an activity chosen specifically for lowest possible cost.
Person 1: "How was your flight? Diego said you went first class?"

Person 2 "Naw, Diego misunderstood me. We booked the emergency exit flights on the plane, so we both got the extra legroom, AND the people in front of you can not put the seats back! Usually coach sucks, but we flew ghettofirstclass that time"

Person 1: "How was the bus ride from Toronto?"
Person 2: "Nice! I was on the overflow bus, you know, the extra bus when there are too many people? Ghettofirstclass baby! Like having my own private bus!"
by chiggsy January 08, 2010
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