Ace is short for asexual, meaning lack of sexual attraction.

Aces can masturbate, have sex, be aroused, they just don't feel sexual attraction. (the difference between arousal and sexual attraction is that sexual attraction is arousal directed at someone)

Aces (if they're not aromantic) can feel romantic love, there's just no sexual feeling on their part.

ace states something that is shocking, dry or if you hurt yourself.

Asexual or celibate. Heard it used on Bojack Horseman.

A name of an absolute fucking player, nobody fucks with ace as he is fucking superior.

An act of in which you let the whole squad tear up your ass, usually affiliated with the homosexual labeled the ‘ace gang’.

when you see this fine ting on the street