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Combination of the words legit and money. Used to describe something that is beyond good or rich.
Person1: Wow I just got a promotion.
Person2: Dude that's legit money.
When something is just so good or beyond amazing that the words "legit" and "money" must be combined.
Guy 1: Nigga look at that double rainbow!
Guy 2: Dayuuuum!!!!! That's legit money!
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