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1.
A synonym for athletic shorts, generally basketball shorts. These shorts are a good all-around article of clothing to wear. They are comfortable, easy to wash, can wear around anywhere, easy to remove, and no zipper to get your junk stuck.

Money Shorts are commonly worn just in case a voluptuous woman wants to take them off in a moment's notice. They have quick access to the private parts.
Shawty wanted to play. Good thing I had my money shorts on.

Man: Damnit, I had my junk stuck in my zipper again.

Man2: Good thing I had my money shorts on.
by FunnehMoney January 07, 2013
 
2.
Your current situation leaves with insufficient financial resources.
My baby momma attackin' my pension, my money short.
by LongfellowPlaya September 23, 2009