1 definition by Pika-Pika22

LTD stands for "Livin' the Dream", an abbreviation of a commonly used expression among teenagers in modern society. It is usually followed by saying "LTD or what?" in order to punctuate the sarcastic tone with which the phrase is meant.
Roy: Yo, I'm going to play basketball at school after hours.
Mimzy: LTD or what?
by Pika-Pika22 April 16, 2010
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