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2.
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."
by Sparkles Pederson July 15, 2009
 
1.
One who is a master of flirting; see "caking".
Hunter: Damn, that kid thinks he can flirt better than you!

Josh: Bullshit! I'm the Ace of Cakes bitch!
by Kurlz1996875423 October 22, 2009