a person usually found on the east coast or in the south who dresses in expensive clothing who often yachts.
a prep can be found wearing -
LL bean "bean boots", hunter boots, using a lilly pullitzer agenda, monogrammed EVERYTHING especially notebooks, laptops etc, baseball cap style vineyard vines hats, obnoxiously large pearl earrings, t- shirts from "southern proper" or "southern tide", lonchamp bags, 27 alex and ani bracelets, statement necklaces from j crew, a j crew vest, chino shorts, lilly pulitzer dress, patagonia fleece, burberry style scarves, monogram necklaces, kate spade initial gold necklaces, ray ban clubmasters, vineyard vines shep shirts and t- shirts.
They can be found summering in the East Hamptons, NY or in Nantucket, or any place in Maine. Often a republican, often extremely rich, and always classy.
"Did you see Kate?"
"Ya! She was wearing a jcrew vest and carrying a longchamp. What a prep..."