A lie used to get someone out of bed in the morning.
From the phrase 'wakey wakey'.
'John get up, the bed is on fire!'
'Wakey Fakey!'
by Atani August 26, 2006
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When you awake from a dream to realise that you still in a dream.
"I thought I was Awake, but it was a Fakey Wakey"
"I had multiple Fakey Wakies last night before waking up for real"
by MightyNjal March 31, 2021
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