turn and burn

In the world of resale, the practice of reselling an item very quick for little to no profit (or sometimes at a loss), usually in as-is condition or with no work put into the item. Can also describe what someone does when they sell you a suspect item on the street, Craigslist, etc... (like a stolen phone or fake drugs) and then try to get the hell out of there before you figure it out.
Billy: This car we got at auction is going to need major engine work soon!
Bob: Don't worry, we will just turn and burn. It'll be the next guy's problem.

Billy: That 'weed guy' just sold me a bag of oregano and when I found out, he already took off running! I'm out fifty bucks!
Bob: That sucks man. He just did a turn and burn on you!
by omnicbex January 19, 2015
Get the turn and burn mug.