1. Cash that's urgently needed (usually by a teenager) to purchase additional cell phone minutes. 2. The reason why pre-paid cell phones are so cheap.
"Dad! I need some Minute Money so my girlfriend can text me after the party tonight."
by Peter Kobs July 8, 2009
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When you reach the level where you have the ability to purchase a plane ticket or other significant purchase at the last minute.
Oh, girl I can buy that plane ticket, I got last minute money!
by Kaliente April 27, 2017
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