A portmanteau of "j" and "imaginary" for the imaginary component of a complex number. This means the same thing as Imaginary Number, and typically this number would have an italicized i after it. In electrical engineering, the letter "i" has other and more apparent meanings, so to avoid confusion we pick the next letter, j.
1.
<personA> omg that guy is suc ha fag
<personB> more than a fag.. he's a JAMFAG
2.
12:02 <Jamflange`cold> sif correct you spelling ronny
12:02 <Jamflange`cold> your only gonna fuck up again next sentencer
12:02 <Jamflange`cold> sentence*
Acronym for 'Just Another Mother-Fucking Arsehole Geo', in common use amongst exploration drillers in particular in the goldfields of Australia to refer to geologists.