1 definition by Unlogical Logic

On the hip

A way to describe the amount of money in your wallet at a given time, usually used by cocky gamblers who have nothing in a bank account, but will sometimes have large amounts of cash in there wallet due to a rare win.

John: "How did you get on down the bookies?"

phil: "Great man, I left with 5000 on the hip"

by Unlogical Logic December 19, 2011