The speed you run at when you are being chased down the street by police.
"Ah man dawg, the police found my stash and i had to run at Gheto speed just to get here!"
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Very fast. Similar to the speed that my father had when going to the store to get milk. It's only beaten by the speed of a fast red car from some movie...
"Where'd dad go??"
"He went to the store to get milk"
"But I didn't even get to say goodbye..."
"I know... Gheto Speed..."