Top definition
1. A long-sleeved garment used to pay back one's debts as a substitute for currency.
Brad: Hey did Johnny ever give you that 30 dollars he owes you?

Max: Not really, he gave me a payback jacket.
by Mberry87 July 18, 2010
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Jun 29 Word of the Day
to tell someone to calm down and relax.
"OMG IM GONNA FAIL MY TEST AND MY PARENTS R GONNA KILL ME AND IM GONNA GET GROUNDED AND-"
"-hey, hey HEY."
"what?"
"WOOOOSAHHHH"
by Ashley Laberge March 12, 2004
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