What is Phancito?
1.
A masculine version of the word 'phancy' (A combination of "phat" and "fancy". Something or someone of high quality, cool and or sexy.) denoting a young papi chulo.
A hot phancito asked me out to the bonfire tomorrow night!
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Verb used when any number of SLOBs hit the town, smash it up (with a capital 'S'), have lots of banter, throw lots of sex toys..