1 definition by The peddler

Stands for Perverts Incorporated. A group of people who are perverts. The letters "p.i" are to be said between friends when an attractive person is approching your area or are being discussed by said friends.
Attractive person approches-
Person 1: P.I
Person 2: P.I (in agreeance)
by The peddler August 15, 2011
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