a word coined from two highschool best friends, in order to express a leaving statement (peace) and the suggestion to be calm and/or relax (easy)
Guy 1 - Hey man Its getting late, Im Out.
Guy 2 - Alright cool, Peaceasy.
When you hit the point of Intoxication where everything can just be described as being Clutch.
Guy 1- Dude! This camping trip is fucking great! Good friends, good fire and good Beer.
Guy 2- haha, yeah man, Im so Schwasty Faced'ed! Shits Awesome!
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