1.) What you do when your car/getaway ride is slowed, stopped, or parked, and you need to get out of the area quickly. Accelerate the vehicle, causing the tires to squeal. This is 'to peel out'
2.) What you yell, either in a joking or serious manner, when you want to leave the area in your vehicle quickly
3.) Any situation in which the above is performed
1.) "Dude, we robbed the bank and then peeled out!"
2.) "Shit, here comes my ex! PEEL OUT!"
3.) "Dude, we robbed the bank and then my ex comes out of the Robek's across the street! It was a total peel out."
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