1. (verb) To consort with multiple women.
2. (noun) One who consorts with multiple women, running a business in which the women sell their bodies for the profit of both themselves and the pimp.

As an adjective: If somethin' is pimpin', it's pretty darn cool. It's probably something "normal" that's tricked out ghettolicious and gawdy.
Basically, you look very ghettofab and blingbling.

However, as a verb
1.) to pimp something out is to *make* it look very ghettofab and all that nifty stuff in the above paragraph.
2.) to pimp is to advertise (generally, in an enthusiastic sense) or to call attention in order to bring acclaim to something; to promote.

a word egotistical and arrogant little boys use in junior high to equalize and stabalize there ever so raging hormones. they go around saying i am a motherf*&^%$# pimp homie!! then their homeboys shout fo shizzle! they also call all girls slut, bitch! they think they are something they are not. hence they think they are pimps when in reality they are wimps!!

Believe it or not--and I'm totally serious about this--the word "pimp" is used by medical students to describe something their so-called instructors/ mentors/ attending physicians routinely do to them: namely humiliate the student by publicly quizzing him or her on medical facts, usually trivial ones, with the goal of demonstrating the instructor's own magnificent knowledge. Etymology unknown.

Pimp- The act of a a beautiful sales lady finding work for a service manager. Usually he acts like a pimp but it usually fails horribly. The pimp in this case is also known as BAMF.

This is an acronym for ''Profit In My Pocket''. This is the true and only meaning.

the acronym pimp standing for "Put It In My Pocket". Later used to define a person who sells women for sexual favors. Most recently used to commend objects or people.