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Why are people with no money "borasic"?

Question

I sometimes hear older people from London, when they have no money, they say they are “borasic”?
Mark, Walthamstow

Answer

** Definitive **
Name: James O’Brien
Qualification: Down with the Cockneys
Answer: It’s Cockney Rhyming Slang – borasic lint, skint.

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