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1) The state of a marijuana receptacle whose contents have been thoroughly exhausted, leaving behind an ash residue. The "cash point," or point at which the receptacle is to be retired or repacked, is often heatedly debated among marijuana smokers; some choose to incinerate the entire contents of the bowl until all said marijuana has been dissipated, while others choose to repack as soon as it begins to adopt a black hue.

2) Certain circles (particularly youth) have adopted the "cashed" adjective as the universal term for a status of depletion.
1) "This bowl is cashed. Shall I repack?"

2) "This bag of Funyons is cashed-ass. Take the empty bag to the trash and grab me some Oreo's from the kitchen. Bitch."
cashed by Guru December 29, 2004
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when something...
-is gone/run out
-is tired
-has become boring
-has become stupid
-has reached the end of its useful life
don't use that lighter, it's cashed, man.
Term used to described a bowl of bud that as been ALL SMOKED UP!
After i hit the green doje the bowl was cashed
cashed by 4204life October 9, 2003
When all of the Marijuana in the bowl of a smoking utensil has been burned, so that all that remains is ashes.
The pipe's cashed, lets reload it.
Cashed by Tank Lomax March 16, 2003
If the bowl is all burnt through, its cashed.
"This bowl is cashed".
Cashed by Root January 8, 2003
Adjective.
Refers to the completion of the smoking of a quantity of marijuana, by bowl or blunt. Appropriate when all marijuana in the device has been consumed, leaving ash.
Past tense of "cash", and more commonly used.
"This bowl is cashed"

"He received a nasty surprise when he took a hit from the bowl which had just been cashed."
Cashed by Corey December 10, 2003
my bowl is cashed , wheres the weed. AWWWWWWWWW paaaaaaackit
cashed by bagels October 29, 2005