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A term used to describe a person that is always unable to go anywhere or do anything because they don't have any money. Often used in a snide way when referring to a person that consistently uses lack of money as an excuse for not going out.
Taylor: "Hey, did you talk to Dave about going out for beers after work tonight?"
Justin: "Yeah...he said he has no money...like always"
Taylor: "Man, that Brokeahontas never does anything with us any more"
Donald Trump was given millions by his father, sunk all of his businesses- even a casino- and doesn't pay taxes. What a brokeahontas!