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1.
A Jewish person who finds fulfillment in Buddhist philosophy and practices, but has not given up their Jewish identity. Mostly found in those of the "baby boomer" generation who were unsatisfied with a stauch, unfeeling Judaism of the 1950's and 1960's. For an excellent illustration of this group of Jews who make up rougly 30% of practicing Buddhists in America see "Jew in the Lotus," by Rodger Kamenetz.
A Jew who matintains a Jewish sensibility as well as a Buddhist mentality.
by Lauren Trexler-Berg September 28, 2004
 
2.
adj. People that try to hide the very intolerant Jewish religion behind the very tolerant Buddhist Philosophy.
Allen Ginsberg claimed he was a Jewish-Buddhist, but any real Jew worth their torah would have wanted Allen put to death for being a homosexual.