Literally, the entertainer of the King.
Tommy: "Maybe you should read it..."
Jimmy: "Thanks, court jester."
1. a man tells a women he's about to ejaculate but henceforth urinates in her vaginal cavity
2. repeat step one in rectum.
3. repeat step one in oral cavity.
4. finally, proclaim to said female
"YOU'VE JUST BEEN COURT JESTERED, BITCH!"
wes: "awesome man, I court jestered that bitch!"
phill: "sick dude."