A fast Japanese aeroplane, motorcycle, or car; (also depreciative) an inexpensive Japanese car that has been modified to give the impression of speed and power.
Origin
1970s; earliest use found in Flying.
Definition of rice rocket in US English:
rice rocket
noun
US slang
A fast Japanese aeroplane, motorcycle, or car; (also depreciative) an inexpensive Japanese car that has been modified to give the impression of speed and power.