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.
Ruler of Lake Titicaca. Rumored to have a bunghole that gets very angry if it does not receive toilet paper. Cornholio the Great is often seen walking around with his shirt over his head and his hands in the air, chanting songs about his power, and his bunghole.
"I am Cornholio! You do not want to face the wrath of my bunghole, for I need TP!"
Butthead: Shut up, Beavis! (uh huh huh huh)
Beavis: Um, okay. (heh heh heh heh).