1 definition by Matthew McRee

A person who has a lifestyle of understated elegance, generally using good manners and who strives to achieve academic success. A true prep often buys well-made clothing that doesn't go out of fashion quickly, such as Burberry, Lacoste, better quality Ralph Lauren, Brooks Brothers, J. Crew, and classic high-end clothing from companies such as Prada or Gucci. Preps DO NOT shop at Aeropostale, Abercrombie & Fitch, American Eagle Outfitters, or Hollister. True preps go to college preparatory schools for high school, then to Ivy League schools for college. A prep often strives to stay in good physical shape. Preps do not try to be ostentatious or overly conspicuous in spending habits, but they have such cars as BMWs or Mercedes Benz. It is a stereotype that all preps are sluts and whores, this is not true, and preps are usually not from new money, but from established families around the US especially the Northeastern states such as Massachusetts. There is no one type of music preps listen to. True preps are polite, and try to get along with others. Unlike goths, emos, and other sad social groups, preps try to stay happy and wear bright colors to show it.
Jealous person "Look at that prep, he's such a snob"
Friend "No, he just has class..."
by Matthew McRee April 1, 2007
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