HBAFK = Here But Away From Keyboard
This term is sometimes used to denote that a user is present but essentially AFK (away from keyboard). This usually applies when somebody is playing a game, watching a movie, or doing something else that prevents them from being able to receive and reply to some form of messages within a reasonable period of time.
IRC:
User: Hey guys, I'll have to catch you later.
<<User changes his/her nickname to User|HBAFK.>>
IM:
User: I'm going to go hbafk while I play some Day of Defeat.
OtherDude: Ok, see ya.
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A combination of the word 'generation' and 'jen-'(name). Usually the one who's being called 'jeneration' hold great power and influence among lots of aspects. This word was created apparently is because gen- and jen- sound alike.
Everyone called that girl Jeneration. She is influential and just awesome!!!