The substition of a lame or unhip word for one that is cool or trendy. Variation of euphemism. The "ph" does make the "f" sound in this particular word.
Involved Dad: Wow, that young lady over there is awfully foxy.

Ungrateful Son: Please pops, that bitch is bangin.

Involved Dad: Nice pimphemism son.

Ungrateful Son: Yeah, whateva...
by H2zZ July 9, 2006
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