A saying invented by the very creative and talented artist known only as Jessicka from London. The saying refers to the obvious loss of much property.
'Oh my God, I gave that guy a twenty and only got 5 change, that's bare muggage'
'Nah, bruv you just got jacked, haha dats bare muggage like'
'Wow, that man just fell into that pit teaming with hungry crocodiles, that's bare muggage.'