When you are drinking and a guy/girl rips the label off of there beer and hands it to you. That is an indication that the guy/girl wants to have sex with you.
"Cindy just ripped the label off her beer and gave it to Tom" "Yeah she's a real label peeler"
by G-Money-97 February 25, 2009
1 more definition
one who is sexually deprived or frustrated
ever since jimmy broke up with his girlfriend, he's become a serious 'label-peeler.'
by Bloody Architects February 13, 2008