1 definition by Sahil Kothari

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 6, 2006
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