I dont know if somebody here have got it right yet, but I believe that "ese" means, okay, first literally: That thing. As in "that thing you've got down there." So figurativelly is a bad word; it means: Asshole. I hate it when someone, typically a stranger, call me "ese." It's usually only spoken by the lowest educated and bad mannered Mexicans, Mexican-americans, hispanics. For example: hispanic gangs, etc.
Where is my money, ese?
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