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1.
A new liberal euphemism for police officers.
Oh lookie, here come the peace officers. Oh no! They are firing their Peacemakers on us!
by General Raynor June 27, 2006
 
2.
What some cops call themselves to sound more professional, fancier, different, or somehow more important.
-Or because they're ashamed to be policeman.

Also used by those officers who do not want to thought of or referred to as Policemen or Cops.
"When a cop calls himself a Peace-Officer, it's like a garbage-man calling himself a Sanitation-Worker, or a clerk calling herself a Sales-Associate."

"Being a Policeman is an honorable-profession. Nothing is more vital to Public-Safety than the humble street-cop; Be proud of who you are, and of what you do."
by goodcop8 November 24, 2007