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35.
A term that is used when getting a boner or the tingling sensation that comes before the "flagpole raise."
Girl walks by in tight skirt.

Gross old man watches her and calls out, "Pepsi!"
by c.y.a.n.i.d.e. October 05, 2011
2 2
 
1.
The main substitute for coke... both spend tens of millions of dollars on advertising a year and the effect is...
Customer: can i have a can of coke please?

Barman: sorry mate, only got Pepsi

Customer: that'll do!
by pat August 26, 2003
1816 453
 
2.
Quebec, Canada, slang for French-Canadian. Based on Pepsi's early marketing as a cheap substitute for Coke. Early jingle: "Pepsi-Cola hits the spot/Twelve full ounces, that's a lot (Coke had 7 ounces)/Twice as much for a nickel, too/Pepsi-Cola is the drink for you". The slur was that French-Canadians were also cheap imitations.
"These two Pepsis go into a bar..."
by Barry March 31, 2005
521 314
 
3.
Coke's bitch.
Pepsi is Coke's bitch.
by Wowzies. August 17, 2008
329 178
 
4.
A company that copied almost every single product coke made. Pepsi also tries way too hard to be "cool" and "hip".
Pepsi Edge = Coke C2
Pepsi Vanilla = Vanilla Coke
Pepsi One = TaB Cola
Wild Cherry Pepsi = Cherry Coke
Pepsi Twist = Diet coke with Lemon

PLUS MANY MORE
by haligonian October 17, 2004
530 390
 
5.
Derogatory term for low class French-Canadians. (based on the preferance and quantity of pepsi consumed)
*girl 1: hey that guy is hot
*guy: Allo-bonjour sexy madame
*girl 2: naw, just a pepsi
by Ana April 25, 2004
342 221
 
6.
Code word frequently used by high school students to mean cocaine. (Pepsi = coke = cocaine). Frequently used over telephone and instant messenger-type conversations.
"Yeah, Max is getting me more pepsi for the weekend...should I try to hook you up?"
by David August 08, 2004
152 84
 
7.
Old man that rides a bike with a Montreal Canadian's tuque and/or jacket.
Guy : Hey! There's Pepsi! Hey Pepsi!
Pepsi : Allo!
by Draconix December 10, 2004
218 157