On the cuff / To receive something with a promise to pay later Thought to refer to bartender in the 1860-1890's which kept a persons "tab" on the cuff of their shirt
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.