Although pre-trained large language models (PLMs) have achieved state-of-the-art on many NLP tasks, they lack understanding of subtle expressions of implicit hate speech. Such nuanced and implicit hate is often misclassified as non-hate. Various attempts have been made to enhance the detection of (implicit) hate content by augmenting external context or enforcing label separation via distance-based metrics. We combine these two approaches and introduce FiADD, a novel Focused Inferential Adaptive Density Discrimination framework. FiADD enhances the PLM finetuning pipeline by bringing the surface form of an implicit hate speech closer to its implied form while increasing the inter-cluster distance among various class labels. We test FiADD on three implicit hate datasets and observe significant improvement in the two-way and three-way hate classification tasks. We further experiment on the generalizability of FiADD on three other tasks, namely detecting sarcasm, irony, and stance, in which surface and implied forms differ, and observe similar performance improvement. We analyze the generated latent space to understand its evolution under FiADD, which corroborates the advantage of employing FiADD for implicit hate speech detection.