The word can be used in a sexual or an "imma say some random shit to piss the class off" type of word.
You use your friends or classmates name before you say "It's So BIG!!" Remember to say It's So Big in a very high pitched voice.(Make sure your classmates or friends are chill)
A person you hate intensely not because they deserve such hatred but because they serve as a focus for your general hatred. A healthy way to dispense with excess animosity.
Jake's not really that big an asshole. He just serves as my hate sink.