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1.
slang for the University of the Philippines, the best damn school in the country.
what? she's from u.p.? damn, she must be smart. you better back off dawg, she's way out of your league.
by teepee June 06, 2005
 
2.
Slang for the University of the Philippines, the best damn school in the country.
damn, she studies in peyups? she must be smart. she's way out of your league dawg.
by hiphop beho June 03, 2005
 
3.
Slang for the University of the Philippines, the Philippines' premier institution of higher learning; an unofficial site of the University of the Philippines students and alumni with articles, columns and forums.
With tuition fee increase, peyups has become a school for the privileged few.
by darkabyss August 22, 2008