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.
1. A declaration at some point during the evening (it may be declared by friends or a self-declaration), that you are now totally lacking in moral principles or quality for the remainder of the evening; Unscrupulous;