Urban slang for "pimp"
One who finds customers for a prostitute; a procurer.
Also see Pemp and Peemp
Peeemp comes from people who are just too "Pemp and Peemp"
Jamal: My Nigga steve is a Peeemp!
T-Dogg: That bitch Steve ain't no Peeemp!
Bebo: Both of you SHUT THE FUCK UP!