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1.
An exclamation which may be used to inform someone that they have crossed the line by word or deed, and must therefore be put back in their 'place'. Usually accompanied by a hand gesture reminiscent of talk to the hand, in which the outwards-facing palm is almost in contact with the face of the wrong-doer. A truly successful 'place' is said to have occurred if the miscreant is caught off-balance by the act of putting them in said place.
Example 1:
Temple Robber: I'm totally going to sneak into this temple.
Temple Guard: Place!

Example 2:
Tourist: Might I please have some information about local trains?
Tourist Information Desk: You have to go to the Travel Centre. Place!
by Moomin Bongo Bongo May 09, 2010
53 14
 
2.
The area imagined which fulfills a desired emotion or feeling that is lacking in the present.
When I get angry I have to find my happy place.
by texslix July 27, 2009
21 7
 
3.
A nice way to speak to a girl of her vagina. guarenteed to keep you blame- and anger-free!
"can i touch your place?"
by Bite me, my love. November 10, 2002
44 48