A feeling of being screwed over or defeated BADLY by someone, something, or some situation. To explain the degree of laceage, simply add on extra letters to the word (i.e. laceddd, lacccccced, laaaaacccccccccccceedd)
Nirav got laced when Sahil finished the last home-made chocolate chip cookie that was peacefully sitting on the kitchen counter.

NYU will lace GW in any competition.
by Sahil Kothari October 06, 2006
"laced" one might think of this word as HIGH NIGGA
but in this case its not. It means hella buff or Roman only because he is insanely buff or "laced"
Jake: hey nigga

roman: yo guyy what it is

jake:ohh sorry roman for staring you are incredibly LACED, have you been lifting

roman:yea i have braheem

jake:well ima dip set! peace

by roman merrell March 18, 2008
Dicking somone or getting dicked.
Joe said "Shit I am laced!" refering to losing his dope bag.
Then Joe laced Rishi by fucking his sister.
by Laced niga October 06, 2006
Having one or more STDs and not telling your sex partner
I wouldn't fuck her. She's laced with crabs
by DarkFOX09 March 11, 2007

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