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1.
1)Term used as a good-bye or peace-out with influences from "uh" and "peace"

2) Can also be used after someone you do not like passes by or says something to you and then usually is followed by a laugh.
1)"Alrite, Ill see you later, Uhpweshal!"

2)"Urh, there's Julie...Uhpweshal!"
by lilshanie July 15, 2003
 
2.
Closing phrase used by chickenheads and people who think their using this word will make them elite *ahem* bweee
"Like oh my God, I'm supyay ON! Uhpweshal!"
by DiarheaFace July 20, 2003