A sum of money "lent" to a close friend in which said friend obviously has no intention of repaying, or the implied mutual consent of the debt never being repaid.
Michael: "Dude can you spot me on this monster, i left my mom's debit card at home."
Brian: "It's not like i didn't already give you a bronation to pay off the mortgage on your parent's house anyways, i guess a few bucks wouldn't hurt." *irritated grunt*
Describes a type of individual who if he had a superpower it would be to jump over pebbles while doing a thumbs-up! Bronation can also pull off some kick ass chicken dance moves. He can also toast a marshmallow to perfection. Befriend bronation and all your dreams will come true.
Dude, is that bronation?