1 definition by traceisthenewcool

1. Something amazing, fun, or cool.

2. Something lame or boring.

The meaning can be understood from the tone of voice of the speaker and the context the word is used in.
1. Guy Number 1: Hey man, let's go see the Last Airbender movie!
Guy Number 2: Yeah! That sounds totally trace!

2. Guy Number 2: Let's go balance our checkbooks!
Guy Number 1: No way, dude. That's trace.
by traceisthenewcool July 19, 2010
Get the trace mug.