TAKE THE CAKE • DICCIONARIO INGLES.COM • Definition of Take the cake

... polite, 'assuredly take the cake for assurance, I assure you'—or words to that effect. He spoke English better than you or me. 'You've had a long walk,' says he, 'but it's nicer in the cool morning to walk than to ride. May I suggest ...

— Rolling Stones • O. Henry

... might better say, sublimated. Evolution in the argot of the streets works by a process of substitution. A phrase of two terms goes through a system of permutation before it is discarded or adopted into authorized metaphor. "To take the cake," for instance, a figure from the cake-walk of the negroes, becomes to "capture" or "corral" the "bun" or "biscuit." Nor is this all, for in the higher forms of slang the idea is paraphrased in the most elaborate verbiage, an involution ...

— The Love Sonnets of a Hoodlum • Wallace Irwin