(slang) Exhibiting flamboyant spending habits, while doing nothing to improve one’s living conditions.
2005, Malcolm D Carter, ''$7 an Hour Ain't No Job: The Second Emancipation of the Black Race'', Sundog, Limited, , [http://books.google.com/books?vid=ISBN1597440132&id=16ZTJ0onmNMC&pg=PA43&lpg=PA43&dq=%22hood+rich%22&sig=2T1emoI5ywgh1LxK…
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Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
See all Regional & Other slang on Slangora.