Ass Budget

The amount of money that one can (or is willing to) spend on a piece of ass. One's budget for sex.

$4,000! Man, that Spitzer dude sure had one heck of an Ass Budget!

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budget-ass

adj., Characterized by excessive or unnecessary frugality; cheap; of poor quality in general.

See: Lloyd Carr's play-calling while head football coach at the University of Michigan.

"What kind of budget-ass decorations are these?!"
"Getting Subway for dinner was a budget-ass move."