Broke Ass (Adjective) Refers to a general loser or failure at life who ain't got no money.

For those curious about what happened to the legendary musician, Willie Aames, from the band "Willie Aames & Paradise" (less cool people also know him as Buddy Lembeck from "Charles in Charge"), here's a time line of his life's events:

1979: Forms Willie Aames & Paradise.
1982: Stars in Zapped!, alongside Scott Baio.
1984 - 1990: Stars in "Charles in Charge"
1995 - 2004: Stars as Christian Superhero, Bibleman.
2005: Loses 19 lbs. on VH1s "Celebrity Fit Club."
2008: Falls $350,000 in debt; files bankruptcy in home state of Kansas.

Damn! That broke ass was only paid a combined $29,000 for his recent book and appearance on "Celebrity Fit Club." But there's always a silver lining: Willie Aames and his son were recently robbed, but the thief only got away with $15.