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Phi Beta Sigma 

Phi Beta Sigma (ΦΒΣ) is a predominantly African-American fraternity which was founded at Howard University in Washington, D.C. on January 9, 1914, by three young African-American male students. The founders A. Langston Taylor, Leonard F. Morse, and Charles I. Brown, wanted to organize a Greek letter fraternity that would exemplify the ideals of brotherhood, scholarship, and service.
Sigma: Why do you want to become a brother of Phi Beta Sigma?

Dumbass: Because they get a lot of pussy.
Phi Beta Sigma by CarelessNigga December 9, 2008

Phi Beta Sigma 

the fraternity of first: first to have a shield, first to have a dogmatic image, first to step with canes, first to have a joint conference with another organization, first to have another organization try to merge with ours (Kappa Alpha Psi, with they broke a@#).
Detroit, Chicago, Atlanta, L.A., Phi Beta Sigma is the only way!!!
Phi Beta Sigma by "the ghost" March 31, 2005

phi beta sigma 

A black fraternity that stole the metal horns gesture for themselves.
I can't throw up the devil horns around the yard because people will think I'm throwing up Phi Beta Sigma!

You mean they'll beat your ass?

Yeah!
phi beta sigma by bladeslastbreath February 11, 2008

alpha beta gamma delta epsilon zeta eta theta iota kappa lambda mu nu xi omicron pi rho sigma tau upsilon phi chi psi omega 

person 1: do you know greek?
person 2: alpha beta gamma delta epsilon zeta eta theta iota kappa lambda mu nu xi omicron pi rho sigma tau upsilon phi chi psi omega.
person 1: you are good at greek!