A phrase used to represent earning money. "Let's get this money" becomes "Let's get this cake".
A popular example comes in the form of Lil Peep's face tattoo "get cake, die young".
by jewish nibba October 10, 2018
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Emily: YO I was getting caked last night!
Sarah: Was it Ashley?!
Emily: You know it! She ate the cake like it was her birthday.
by Gustavo42069 July 6, 2020
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To be pwned.

In laymans terms: To be severely beaten in a video game or other activity
Get Caked noob your soo bad at this game !
by Alex Hayashi October 23, 2006
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A spin off of "getting iced" where you hide a shot-sized bottle of UV cake in your friend's pocket (or somewhere else) and the target is forced to drink the bottle on one knee when they find it.
Bro 1: "Yo, I was doing fine until I got caked by Gus last night. Then I threw up everywhere."

Bro 2: "Fuck icing people, nothing like getting caked!"
by Hoopa W December 19, 2011
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I have a theory it means the “contract”ends like that like with lil peep and juice wrld they both had thier birthday and died around the same week both young rappers get cake die young
Lil peep said he woke up with it but idk I think I’m getting to into it cause my ptsd keeps acting up from when I died lol I also died before my birthday n peep said nah he didn’t get his cake and I got like another chance at life get cake die young
by ALLAH January 31, 2021
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