Top Definition
A luncheon held in honor of office peons, sans upper management presence.
Office Peon 1: Mr. Owner, XYZ company is providing lunch for the office due to great referrals we've given them lately. Care to join us?

Mr. Owner: I do not fraternize with my peons. You go ahead with your little 'peoncheon' - I'm taking my new Lexus out for a spin.
by chickie29 January 07, 2010
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