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1.
A noun meaning an image which has been taken out of context, (usually) had some BS story added to it, and sent out by asshats to fool dumbasses.

Derived from the name of a photoshop artist whose image (a picture on fark.com of a submarine training panel, altered to look like a 1950's computer) has been passed around the web as fact.
CNN ran that lukket of the tourist on top of the World Trade Center - what idiots!
by SonOfSpam December 15, 2004
 
2.
Something, usually an image, which has been taken out of context and then passed around (for example, on the Internet) as truth by unsuspecting fools.
No example. Props to SonOfSpam from fark.com for the idea behind this one.
by jakey neutron December 15, 2004