Definition & Meaning of "boracic"in English

What does "boracic" mean in Cockney rhyming slang?

The structure is a shortened form of "boracic lint" (a medical dressing), which rhymes with "skint" (slang for having no money). It is used in Cockney rhyming slang (London, UK) to mean having little or no money, often reduced further to just "boracic." People typically say "I'm completely boracic this week" or "Can't go out, I'm boracic." The term originated in early 20th century London East End rhyming slang, and remains a classic example.