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1.
How a Japanese person who is trying to act black would say "Nigga Please." The R in the word "preaze" comes from the fact that it is common for Japanese people who speak broken English to sort of pronounce their L sounds like R's.

Just felt like putting a definition for this since there was already one that didnt make as much sense as this one.
Jiro: Yo,yo,yo,yo,yooooo, da notorious JI-R-O is in da mothafuckin house, beotch! Yo Yoshi, got any dorrar birrs, homie? Imma cruise fo some rovery white radies in my pimped out Honda Civic and bang on dem tits rike taiko drums untirr my rice noodle farrs off, fo shizzre!
Yoshi: Friend Jiro, what's wrong with you? I swear to Buddha you sound rike you drank too much sake rast night or received few severe brows to head as chird. Have you seen ratest Inuyasha episode yet?
Jiro: Nigga Preaze! Foor you trippin! Imma pop shurikens in yo ass! Dont be wastin my frava!
by Terminus Est May 27, 2008
40 9
 
2.
Means, shit whatever your fuckin full of shit....Bitch
or
Damn that bitch has gotta fat ass
Barry said,"I just drank 5 kegs by myself." Aaron replies,"Nigga Preaze"
or
As the hot bitch walked by, Kook said,"Nigga Preaze!"
by Awalk September 19, 2005
2 47