To be 'pacoed' is to be in the presence of someone who has just made a completely unintelligible statement, resulting in your confusion and complete lack of understanding.

Also, 'pacoed' refers to a state of complete pointlessness.

(noun) A successful type of theft which results in an acceptable, impressive and rewarding payday for the protagonist.

When an undersized woman approaches you and grabs your privates while yelling "ARE YOU NERVOUS NOW!?" and then walks away

To be fired from your employment while on vacation.