1. a ledger to a bank checking account that is constantly in a
state of complete disarray due to overspending on bling, pimp hats and bottles of 40 oz malt liquor. It also can result from being
unemployed for extended periods of time while continuing to buy ho's and such.
2. being so intoxicated that you have no idea who you are.
Pete: McCoy, your drunk again.
McCoy: Yeah, I'm fucked up
like a nigger checkbook.
You bounced another
check to me. You
better get a CPA to fix that nigger checkbook of yours.