1 definition by GreyR

A form of saying 'Peace!' to somebody when you leave a room. Most commonly attributed to drunks misquoting a Fresh Prince of Bel Air episode in which Will Smith orders pizza and says "Sixteen Dollars, No tip, Peace!"
Pizza Delivery Boy: "Here's your pizza"
Drunk: "Sixteen Dollars, No Peace, Tip!"

Or alternately

A: I gotta get going.
B: Alright see you later.
A: Tip!
B: Tip!
by GreyR July 12, 2007
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