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Spending large amounts of money, and/or the emotional toll that comes with such actions.
In his song "All of the Lights", Kanye West used this saying in the line "I slapped my girl, she called the feds; I spent that time, I spent that bread".

In the second verse he says "Courts suck me dry, I spent that bread".
by Hootie and the Brofish February 21, 2011