Term used to describe a particular category of females. They are overweight, wear horn-rimmed glasses and dye the front of their hair. Generally it is dyed red. Also, they will have very pale skin. They look like they eat a lot of cake and also resemble those who often appear on the television show of the same name.
"How to describe the crowd at the midnight Harry Potter showing: Very 'Ace of Cakes', pasty chubby chicks with pink bangs and glasses."