Ashy can mean many different things. It's a word used to describe someones negative status, negative feelings, or negative being in any way. Ashy can mean shitty, broke, tired, dirty, old, gay, busted, etc...
Damn bro I've been up all night partying, I'm so Ashy right now.
Man that chump is driving an Ashy car.
You just got paid, how could you already be ashy man?
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