Top definition
The act of purchasing an item, realizing you are now broke, and selling it off weeks or even days later at a huge loss.
Dan : did you hear Chris is selling his PSP?
Luke: he only bought that 3 days ago!
Dan: yeah and he's selling it for half what it cost!
Luke: that's Climonomics man.
by Gpfc08 February 28, 2010
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