A time when you have no money and at the same timeowe another person who is low on/has no money.
Person 1: 'Hey man, do you have some $ 5 to borrow me?
Person 2: Nah I'm broke.
Person 1: What about you?
Person 3: I don't have money, this guy owes me.
Person 1: Yah. Imma broke ass nigga, carrying another broke ass nigga's money.
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.