2 definition by mr.nickel

The process of being taken, schooled, taught a lesson or having something stolen from oneself in a suave or debonair fashion by a person named Jake. This usually relates to interactions with females and other social activities but can also pertain to video games, sports, an several categories of work/employment.

Not to be confused with hijacked which mainly correlates to the above listed items and a person bearing the name Jack.

To be burned, dissed, owned, pwnd, or otherwise shown the truth by means of one named or nicknamed Jake. This includes any and all Jakes around the world, including foreign language dialects such as Jakob, Yakob, Yakobeem, or Yakobemish. You will know you have been jake-ified when a Jake corrects your ignorance or ineptitude with an extremely comedic statement delivered with impeccable timing usually in a large social setting.