Wallet Malfunction Share definition Flag When you think you have lots of money but upon checking your bank account realize you are actually flat, dead broke. Dang! I'd love to go to the movies with you guys but I had a wallet malfunction. Wallet Malfunction by gmack April 18, 2004 0 0 Get merch Get the Wallet Malfunction mug. Buy Now — $32.95 See more merch