Top Definition
1) A wily Bulgarian folk hero, known for outsmarting his Ottoman rival Nasreddin Hoca, and the corrupt Bulgarian upper class. First appeared in 16th-17th century sources

2) A sex act illegal in many countries, which, when done successfully, is performed without any knowledge of the other person involved. Popularized in Bulgaria
1) Sly Peter is like the Robin Hood of Bulgaria

2) I'm totally going to sly peter that chick tonight. She's not even gonna know.
by spanky1279 April 05, 2011

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