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When you don't know what gift to buy someone at Christmas time, so instead you just give them some money so they can buy something themself. Christmas cash is also a song by the hit youtuber named Fred.
ex 1:

Theodore: Oh crap dude, I don't know what to buy my girlfriend for a Christmas present!

Samuel: Just get her some Christmas cash.

ex. 2:
Fred: Caaaash! Cash money! Money! All I really want is caaaash! Cash money!
by Michaelwuzheer December 21, 2009
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