Top Definition
A lesson in which one learns after having paid any amount of money. Usually resulting to regret and disappointment.
"Mama, I paid that man $800 for that Cutlass and it didn't run but 3 days. Now I can't find him no where to get my money back".

"I told you not buy it before your daddy looked at it anyway. You a bought a lesson. A bought lesson is the best lesson to learn."
by thesouthernbeau September 06, 2008
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