1. Out of Funds/No Money
2. Not Adequate and/or Unfavorable situation.
(Example #1)

"Hey John, want to go to Sarah's party tonight?"
-John replies, "I'm not going to that Broke Ass party"

"Sorry Adam, now the plans are ruined and we have no way to make the trip to the lake"
-Adam replies, "I didn't want to go on that Broke Ass trip anyway."

(Example #2)

"I'm sorry Son, we are some Broke Ass parents and have no money for toys."

"I cannot believe you cannot pay for this with yo Broke Ass."
by FowShow December 14, 2018
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A person who either has no money or is in debt beyond their means.
I got drunk last night and somehow called in a bet for money I do not have. My broke-ass now needs $900 by Monday and I have $150.
by xstac2169 January 30, 2004
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A redneck/ghetto term for a general loser; a failure at life.
Man, that kid Ben is such a broke ass.
by Tommy Wommy Womsters October 14, 2003
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someone with no money or income. Or a name for an ugly person with no friends.
you're a broke ass. Look at that broke ass loser over there taking the bus to work..
by Jclss January 5, 2008
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1. A person with little means.

2. A person who enjoys the fringe elements of a society.

3. A person with little means who enjoys the fringe elements of a society.
1. She can't pay for dinner, she's a broke-ass.

2. I feel like we should party like a broke-ass tonight; hit up a basement show, maybe go vintage shopping.

3. I'm not only a broke-ass by nesessity, but by choice.
by Broke-ass Harley July 15, 2011
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