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To be defeated by someone while playing a game (most likely Soul Calibur).
(Maxi ring outs Astaroth)

Winner to loser: "You just got PEACED!!!!"
Peaced by JBoyer April 22, 2006
Peaced is a state-of-being. It is a feeling that you get after a really good high. It is most commonly paired with the description of "It's like I'm high, but I'm as sharp as a pin.".

Currently, as I type this, I am almost peaced myself. I'm just getting through the stages of being high as fuck, and am passing into the stages of mellow, and dull, soon after that I will be peaced.
Stoner 1 - "Duuuuuude... ... ...are you peeeaced, maan?
Stoner 2 - "He, ha, ha... ... ... ... ... ... ... ... yeah-man ... I'm peaced."
Stoner 1 - "Sweeeet, maa- ... ... *snore* *SNORE* *snore*
Peaced by Click Weiler January 16, 2009
to get fucked up or to get booked by parent or cop
1) yo you got peaced in gym
2)yeah i got peaced by my parents
peaced by patty melt February 16, 2004
To drink excessively and get black-out drunk.
Karen played liquor pong last night and got totally peaced
Peaced by mr.peaced September 25, 2011
1) one who is in a state of peace.

2) Dead, departed, 6ft under

3) asleep, cognative relaxation or rest, tiredness

4) the act of having left/dipset/outy/bounced/koppin
1) "Look at the beast of a hobo peaced on the sidewalk."

2) "Yo cat, lemme use your cell, my battery jus peaced."

3) After jesting all day, Gary was peaced.

4) Bill peaced when the cops showed up.
peaced by JoJoBean December 1, 2006
Hand shake done between to members of the same gang
Yo I peaced him up when I saw him in the party last night.
Peaced by Keith December 3, 2004