The result of an employee purchasing a good or service before a customer even had a chance.
When a Best Buy Employee named Jacob purchased the graphics card before the customer even had a chance.
I went in the Best Buy store to buy the GPU, I saw it, but Jacob claimed he was unable to sell it to me. Afterwards I saw him buy it for himself.
What a Jacob
I went to go buy that PS5, but the employee bought it first, I was Jacob'd.