1.The Skinny Motherfucker With the High Voice.
--Who? Prince? That skinny motherfucker with the high voice

2.Prince, is also known as the artist formerly known as Symbol, formerly known as character, commonly known as ridiculous unshaved dwarf in gay hotpants.

-Did you see that guy on TV, the one with the ass-less pants?

- Perhaps you meant the Artist Formerly Known as the Artist Formerly Known as Prince?

3.Nickname of The Daily Princetonian, Princeton University's independent daily newspaper. The second oldest college daily in the U.S.
-Do you subscribe to the Prince?
-Nope, I just read it online at dailyprincetonian.com

4.when someone changes their name to a symbol or treats his friends like shit.
"You asshole! Why did you pull that Prince shit on me??"

http://www.urbandictionar...erm=prince

http://en.wikipedia.org/w...e_(artist) says:

Prince (born Prince Rogers Nelson on June 7, 1958), known as from 1993 to 2000, is a popular and influential American musician. His music has spanned myriad styles including funk, pop, rock, R&B/soul, and hip hop, and is regarded as the definition of the "Minneapolis sound".

See also this thread http://www.prince.org/msg/7/179595