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1.
A way of saying "goodbye" or "see you later"
Oh damn i'm late for phys ed man. Peazle!
by Madeline Louise April 11, 2006
 
2.
Syn. for peace out, usually spoken to a beezy, gangsta, pimp or the like. Straight from the Yette, most commonly used as an affectionate way to say goodbye in conjunction with flashing some L town signage.
"Peazle peeps, I'm outie!"
by Shell-dizzle and M Squarizzle November 29, 2005