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It’s pronounced ‘brassic’ and it’s slang for being penniless. Like so many other widespread expressions, it derives from the Cockney rhyming slang 'boracic lint' which rhymes with skint signifying that the person has no money. Incidentally, boracic lint was used as a dressing in the treatment of ulcerated skin.
Chas, can you lend me a ton? Angie wants to go out tonight an’ me cashpoint card’s knackered.”
“Sorry mate, I'm boracic.”
by AKACroatalin January 04, 2017
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Having no money. The expression derives from the Cockney rhyming slang 'boracic lint' which rhymes with skint signifying that the person has no money.
You comin' down the pub, Tel?
Nah mate, I'm boracic.
by Croatalin November 24, 2013
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Means skint, is the correct spelling for brassic. 'Brassic' is actually how you pronounce 'Boracic'.
I can't come to the pub, I'm boracic.
by El Chub April 07, 2006
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