Little Peter (diminutive form of Peter)
Ukrainian last name
example: Mr./Mrs./Ms Palko --
(n). To be a Palko means to skip class or a test just because you don't feel like going or are to lazy to bother. It can also mean to be overly confident for an upcoming exam and then fail completely. This attitude may apply in other aspects of life as long as the person in question skips something important or simply does not give a fuck and would rather play call of duty.
Other uses of the word are to describe someone who is a self proclaimed "mother fucking viking".
Person 1: Hey, you ready for the big chemistry test.
Person 2: Yeah I studied pretty hard. Have you seen Jeb?
Person 1: He's not here today, he's pulling a Palko.
Yo look at that guy shift gears, yo he's mad palko about racing
putanginang manok yan! ang laki ng mata!