a jacket you wear to frats because you don't mind if at the end of the night, it is covered in beer, frat sludge, or other unidentifiable liquids. Also, it is not a big deal if this jacket is lost during or stolen during the course of the night.
Person 1: Ah, I made the mistake of bringing my J.Crew pea coat out last night and now its covered in beer!
Person 2: You should have brought your fracket instead!
a guy that has “pretty boy swag” (made popular by other swag rappers like Lil B, Soulja Boy…), and Flacko meaning the guy is skinny, because the word flaco means skinny in Spanish, used by Asap Rocky
i be that Pretty flacko niguh
she wants a pretty flacko she fucked a pretty flacko