(pronounced Lake, often mistaken for 'Lay-key' and 'Like')
1. Laike is a very rarely used, northern European, boys name, mainly used in surnames.
2. 'The' way to spell lake, for example, flaights (for flights), caike (for cake), etc.
Man 1: Haaiii Faaaiiiveee!
Man 2: High Five?
Man1: Yes, but with enthusiasm!
Man 2: Ah yes, that sounds like something which Laike would maike up.