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The observation of a girl's underwear, hopefully a thong, that is sticking out of their pants. If its in the back, we call 'er the regular 'peaker.' For the front, see frontal peaker
"Ooo shit man...look! look! look!...she's peakin"
"Wait for it....wait for it....PEAKER!"
"We got a lil' peakpeak I see"

R: "Any good peakers today?"
T: "Holy shit man...Sam Stickels..."
peaker by mellin December 28, 2005
"Do you know anyone selling peaker's tonight?"
peaker by Diego July 28, 2003
When you have to Sh!t so bad there's a little bit of it hanging out
Hey I have to go so bad its peaking, or
I have to go man, I got a peaker.
Peaker by Jim Carr March 18, 2005
Slang term for a opiate pain killer. Originates from Steve Smith out of Provo, Utah.
peaker by Mick Lee July 20, 2003
"stop bummin will peaker!"
peaker by will tane November 22, 2003
The fuckin shit brooo, he’s insaneee
Peaker fuckin ate emily clarkes ass
Peaker by StonerLonerBoner October 21, 2019