The exceedingly rare state of having an overdrawn account at
one's local spank
bank. Such a tragedy can be caused by making constant withdrawals without the foresight to make any deposits. This state is usually temporary as the realization that
one's account is overdrawn is immediate and there is abundant material ripe for deposit on the interwebs.
'I heard Orren had a mean
case of "Spank Bankruptcy" the other day.'
"Oh yeah? What happened?"
"I think he was taken aback at
first but I'm sure he just browsed the grade 9 section of the yearbook a
bit and got right back on the horse"
"Attaboy O-Dog"