Definition
The rumour or news going around.
See Also
How People Actually Use It
1) A rumor going around; what everyone is saying. 2) A bastardization of "That's true, according to popular belief or my own opinion."
"1) "Everyone talkin' about word on the street and what dat nigga said. I don't give a fuck about what dat nigga said. Ho ass niggaz talk to goddamn much. Stay to yo' own, get yo' own...beeotch!" -Snoop Dogg ("Bitch Niggaz") 2) Bartholomew: "Man deez hoes only out to get da money. Gotta get they hair done and they nails done...damn dogg a playa just gotta get his nob slobbed sometimes. Bitches ain't shit but hoes and tricks!" Ebenezer: "Word on the street.""
Source: Urban Dictionary