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It’s what dumbasses in the city say when they mean a dollar and fifty cents, like they’re too lazy to say the whole thing and just mumble like a drunk frog.
"I only got a buck fitty in my pocket, man!", said by a guy who had three dollars in his jeans.
"Buck fitty? That’s all you got? I’ve got a whole wallet of money!", said by a guy who had a single five dollar bill.
"I got a buck fitty on me, and I’m gonna buy you a whole meal!", said by a guy who had two dollars and was trying to impress a kid."