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To have the pot in your bowl all smoked up, to where youre left with ashes.
Jay "Is it cashed?"
Leo ::Takes Hit::"Yup"
by CoorsLightEMU April 20, 2003
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Word also meaning, "cool." This term recently arose in the New York City area as a slang term for not only physical money but for meaning, "awesome," or, "nice."
"yo u going to smoke?"
"Yea, son wbu?"
"Of course ma nigga."
"Thas cash."
by MrCa$h January 03, 2014
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Alternative to money. Like money, the term is used to describe anything that one might find especially favorable or pleasing.

Synthesized etymology: Much like with the colloquial expression "money in the bank," the target of discussion is being likened to the desirability of cash.
You're going out with a Playmate of the Month..?
Dude-- that's cash.
by J Monty Rivers December 26, 2003
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