2 definitions by Bill Tompkins
Person 1: Where's Ed? I haven't seen him.
Person 2: Oh, you didn't hear? He's an Effective Last Friday.
Person 1: Bummer.
Person 2: Oh, you didn't hear? He's an Effective Last Friday.
Person 1: Bummer.
by Bill Tompkins September 11, 2010
Term used for someone who has been fired or forced to resign from their job, hence there being no cake to eat at a going away party.
Person 1: Too bad about Frank resigning. When's the party? Person 2: There's isn't one. He's a no caker.
by Bill Tompkins September 11, 2010