When you go out in the snow and become your own personal popsicle
Barry: Aw no Jim's gone out in the snow and frozen
Tom: He's a peepsicle!
1.(n) any friend(s) who has earned the tag of "peep(s)" but are closer than a peep in your mind. pl. peepsicles
see peep or peeps
2.(n) A tasty marshmallow snack covered in sugar with a stick in its rear, frozen. Makes a good weapon.
1. "Hey, mah peepsicles, I have something sickening to tell you."
2 "Wow, this one guy tried to eat a peepsicle and blew up."