Definitions by Euphoricenterprises

Cupcakes 

Cupcakes is a phrase used to alert another male in your group of a passing female with nice breasts when you don't want anyone else to know.

Originating from the California Gurls video clip by Katy Perry

Male 1: Dude, check out the Cupcakes she's packing!

Male 2: Oh hell I'd like to ice those babies!

Cupcakes by Euphoricenterprises May 23, 2011