On The Hook Edit Meaning

1.

to be responsible for something, owe money

When the Patriots did not cover the point spread in the Super Bowl, Dave was on the hook for $3000.

2.

term used to describe a situation or happening that is indeed uncool.

yea man i was gonna go to that bruce springstein concert but then i figured that shit would be on the hook.

See lame, dumb, stupid, gay, foolish, uncool

3.

The opposite of off the hook, obviously, meaning: boring, stupid, not fun at all in the least bit.

Yo, that party was on the hook, I'm gonna skirch, yup!