Being both pepsi and tipsy at the same time, thus, being drunk... Probably the reason the word is used this way...
Wow! I feel quite pepsi today! Tubing while benderizing eh Elspeth....Shin-dig?? EH?!?!?!
by Hail December 19, 2003
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to drink the soda then go out goin and kill whoever is in your house!!!
"drink drink drink (pepsi only)"

"hey sam how about we go in your house?"

"ok tyler. look at me samm i can swing upside down!"

"now time to kill!"

''plz not me"

"stab stab stab!"
by shaggy97 February 14, 2010
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A term used when a guy gets a boner or gets the tingles before the "flagpole raise."
Girl in really short skirt walks by.

Gross old man, "Pepsi!"
by c.y.a.n.i.d.e October 5, 2011
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She loves the fizzy feeling pepsi leaves in her nose / oop, looks like she's going for the pepsi challenge in the vip room
by vonchali December 22, 2010
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A clear version of Pepsi from the early 90's. It was discontinued, but it is now back for a limited time, thanks to LA Beast.
Did you hear that Crystal Pepsi is back for a limited time?
by whatadickhead August 22, 2016
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A pepsi freeze is similar to a slushy, BUT way better because it is more frozen and doesn't turn to liquid in two seconds. They are only found in Clovis, CA at the Shell station that used to be a Texaco. It is called a pepsi freeze, but there is the Dr. Pepper and blue raspberry flavor as well. Quite possibly the greatest thing created.
Guy 1: "Man, it is so hot out today"

Guy 2:"I know, I could really go for a PEPSI FREEZE'
by Schroe January 21, 2011
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