Broke Ass Rich Kid: This is a young person, usually a college student or high school student, who despite constantly telling you about how wealthy and successful his/her parents are, never seems to have any money. They may or may not actually come from a wealthy family, but they usually do, and they often ask to borrow large sums of money right when you need to pay rent, they will promise that their parents will pay you back, but this will never happen.
My friend is always telling me how his father is a millionaire, but i always have to buy him lunch, he is such a B.A.R.K.
by DAG October 19, 2009