fence
by Nikki Stixx on Apr 10, 2021 12:52:07
(noun) A person who buys, takes, or purchases
goods and/or
products that have been
stolen. (verb) To sell an item or product that has been stolen.
Example:
Bobby worked in sales and known as an effective fence. If ever Chuck and BoBo hit a
good lick and needed to move their
stolen booty out of sight of everyone they knew that they could get in touch with Bobby to make the such things happen as well as get the very
top dollar price such items might merit.
Fence
by teezy33 on Nov 11, 2006 07:31:50
A trustworthy individual who acts as a
middle man between a seller and a network of
buyers in black market
exchanges, especially those relating to illegal goods. Usually helps facilitate the sale process and is in place to keep the seller (and, consequently, posesser) of the illegal goods from getting set up or screwed over.
Origins: The idea that the fence around the yard keeps the neighbors and cops from looking in and seeing what people are doing.
Example:
Fence (on phone to dealer) ~ Yo I got these people who are
gonna want a cut, I'll be over in an hour
Dealer ~ Okay man that's $40
Fence ~ okay (calls buyer) I've got your shit, meet me at
the Plaza in two hours with $40