A formally derogatory term denoting a lack of class. One day a bunch of high people decided they liked the sound of this word, and to redefine it to mean something good. What exactly was never specified just that it was good. Seems to work well with the word "absolutely"
Speaker 1 (in response to a nicely rolled joint): "Absolutely ratchet"

Speaker 2: "So after looking on urban dictionary I must know what do you mean by ratchet? All the definitions on urban dictionary are negative seemingly..."

Speaker 1: "C'mon man! It's 2013 bad means good? Keep up keep up"

----------------------------------
Speaker 1: "I like the cut of your jib"

Speaker 2: "Absolutely ratchet"
ayon kay Tiny Bronco ika-14 ng Abril, 2013
Noun. A female that gets your nut off with ease.
Damn homie, you hit up shawntelle? That chick is a straight up ratchet.
ayon kay BigScrooge ika-27 ng Mayo, 2012
noun

a person in charge and in control:

Person 1: Man, that girl is the ratchet of this place!
Person 2: She's a real boss chick!

adjective
extreme; clearly noticeable:

Person 1: That ratchet girl sticks out like a sore thumb.
Person 2: Her apparent disregard for others opinions and confidence is clearly noticeable despite her surroundings.

verb
to give orders in an arrogantly domineering way:

Person 1: She ratcheted up our faces with attitude!
Person 2: She definitely reeks of arrogance with that domineering self-confidence.
She is the ratchet of this place: she doesn't care what anyone thinks and speaks her mind like a boss!
ayon kay Mz. Ratchet ika-22 ng Marso, 2013
The annoying 'popular' chavvy girls at school, usually wearing one of those green coats with the furry hood, pauls boutique/aberzombie and bitch, often has their hair in a 'chav bun' at the top of their heads, cannot pronounce their words properly, seems to lack eyebrows so instead draws great big dark slugs. Generally move in massive groups of ratchets that occupy most of the school and spend all their time in the bathroom doing their makeup. Stupid Fucking Whores.
Person: *walks into bathroom*

-Filled to the brim with chavs-

Person: Ratchet hide out :L
ayon kay KaiiKaiiDahhling ika-17 ng Enero, 2013
you
you: gurl i am totes not ratchet!1!!1
ayon kay dontdenieit ika-30 ng Disyembre, 2012
:Usually female who succumbs to habits. Never breaks chain or does anything out of the ordinary. Will go to the same nightclubs, restaurants and hang outs every weekend.

:Has a tendancy to quote B Grade rappers lyrics on social media websites and uses terms such as "yolo" Swag" Illin" "errrrrryday" and "fucktheh8ers".
:Tends to wear denim jackets and ripped stockings and will change suit to conincide with any event such as rap or rock and roll.
:Tries to sleep with anyone remotely famous to boost there status but fail miserably.
:Usually overweight.
i saw that same bitch here just like week trying to jump the backup dancer from Guns and Roses, man that gal is a such a Ratchet.
ayon kay seattlediz ika-21 ng Disyembre, 2012
Lets get fucked up. Drinking liquor and smokin' weed all night.
"yoo niggas, lets get ratchet tonight"
ayon kay Ratchetashell ika-19 ng Nobyembre, 2012

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