when you are fresh and making pleanty of money you are wet caking
Jose:Look at that fly guy Joell

Mike:Yea he sure is wet caking right now

Jose:Yea sumthin lite
by Daddy Long Strokes June 18, 2008
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Wet cake is when you take any form of wet cake (like a Gateau), and you throw it at your sexual partner and then proceed to fuck them and the cake. You then have to eat the cake once you are done.
Bro 1: Did you see the game last night?
Bro 2: I was busy, out with Susan.
Bro 1: Whoa! How did that go?
Bro 2: I Wet caked her.
Bro 1: Fuck yeah!

*bro 1 and 2 high-five*
by Mr.Squirrel November 19, 2013
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