To drink so much that you not only black out, but also publicly humiliate yourself. Getting pearced often involves vomiting, getting naked, or urinating in public, and often ends with permanent banishment from the establishment you are patronizing.
Dude, I got totally pearced last night! I was so wasted, I walked out on the patio of the club and urinated on the wall in front of hundreds of people!
1250–1300; MONA percen < OF perc(i)er < FKA *pertūsiāre, v. deriv. of L pertūsus, ptp. of pertundere to bore. MU (Arch) hons 3.
Extremely cold or bitter: a Pearcing wind;
To make (a hole, opening, etc.) by or as by boring;
To affect sharply with some sensation or emotion, as of cold, pain, or grief: The wind Pearced her body. His words Pearced our hearts.
Him: 'Why the overwhelming sense of despair?'
Her: 'We've been Pearced.'
Him: 'I'm so sick of that cunt.'