1. A term specific to a peer group developed on the popular social networking site Facebook. Origin is an amalgam of "Facebook" and "peep", a popular informal term for friends and compatriots.
"Dude, look those feeps over there are giving me the willies. Why are their faces inside out?"
"I tell you, he feeps that girl all day long! It's a wonder she hasn't called the police."
v. feeped, feep·ing, feeps
To permit the escape of a sexual opportunity.
Note on etymology: The origin of the word "feep" dates back to the late 1990s, when a relocated Pennsylvanian, affectionately referred to as Feep by his peers, first began attempting to have sex with women. His numerable and seemingly endless failures resulted in the formulation of the above word derived from his name.