Top Definition
A phrase used when a person believes they are owed something (e.g. a favor), and the time for that repayment has come.
Often, the person(s) who the phrase is directed at is unaware of the need for repayment.
Dennis & Sally: Hi Frank, congrats on buying your new condo! Can you believe it was only six months ago when you were helping us move into our own place?

Frank: Good point- It's time to fucking collect!
by Joe-288 April 02, 2006

The Urban Dictionary Mug

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A phrase used when a person believes they are owed something (e.g. a favor), and the time for that repayment has come.
Often, the person(s) who the phrase is directed at is unaware of the need for repayment.
Dennis & Sally: Hi Frank, congrats on buying your new condo! Can you believe it was only six months ago when you were helping us move into our own place?

Frank: Good point- it's time to fucking collect!
by Joe-288 March 15, 2006

The Urban Dictionary Mug

One side has the word, one side has the definition. Microwave and dishwasher safe. Lotsa space for your liquids.

Buy the mug