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1.
This is a term that refers to a person who has been insulted. It is kind of like saying salted, treated, or burned. It is also accompanied with a swift movement of the hand resembling the jerking off motion.
Yo mama's so dumb when she heard it was chilly out, she ran outside with a bowl! Jerk sauced!!

You're so ugly, when you were born they put tinted windows on your incubator OHHH JERK SAUCE IN YO FACE!!!

You're so ugly, you went to a haunted house and came out with an application! OHH you got JERK SAUCE in yo eye!!
by Chew Man Chew March 14, 2008
 
2.
Semen, Splooge, or cum That comes from a person you don't like.
AHH! Tim Walter got jerk sauce on me
by mctits April 24, 2003
 
3.
Semen produced from pleasuring ones self.
Dumbass(at the drive thru): "I'll have the Chicken McNuggets and a Coke."
Smartass: "Want fries with that?"
Dumbass: "Yeah, throw in some dipping sauce too."
Smartass: "We have a new flavor called Jamacian jerksauce. Do you want to try some?"
Dumbass: "Sure."
Smartass: "Your order will be ready in just a few minutes."
by PeeBee October 15, 2005