Top Definition
Basically, it's synonymous to "Hit it and Quit it". Smash it and Cash It refers to having sex, (Smash It), and then bragging to all your friends, (Cash It).

It can also be used as: You have sex with a prostitute (Smash It) and then pay her (Cash It).
Smash It And Cash it Charlie!

No way Dude, she's more to me than a cheap hoe!
by I am God, Lawl. March 26, 2011

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