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It means excellent or like "a phat and funky sound".
"I need some phat beatsies bro"
When someone is really fat, like really, really fat.
Wow than man is weight watchers phat.
A word used to describe when one feels like they are fat, gross or bloated, well - knowing that they are in fact at an appropriate and healthy weight. This expression is not used to fish for compliments, but rather is an honest way of communicating your temporary physical state instead of your overall body image.
rhymes with "spot"
pronounced like "fought"
After eating a whole pizza:
Me: "Ugh I feel so phat"
Friend: "Same!"
P- Pretty
H- Hot
A- And
T- Thicc
Girl: Ugh, I'm so fat.
Girl 2: Gurl, you must mean PHAT!! Pretty, hot, and thicc.