Green’s Dictionary of Slang

(US black) in a short-term manner, without secure financial footing.

2011

G. Hayward Corruption Officer [ebook] Ch. 1: A person who tries to gamble with the big dawgs but really has a low paying security job, and has no bid’ness in nobodies gambling spot in Harlem or anywhere else for that matter ’cause he knows that he is living PTP (paycheck-to-paycheck).