It is more than one peace, and even two peaces. Its basically a way of saying 'what's up!!!!' Without words and also a very cool/fun way of saying peace out, but ya know, its three peaces, not just one.
Peter: (holds up 4 fingers)
Darryll: "What's up my guy!!
Peter: (holds up 4 fingers and flaunts it around at people)
Darryll: "Geta Triple peaced!!!"
Darryll: "What's up my guy!!
Peter: (holds up 4 fingers and flaunts it around at people)
Darryll: "Geta Triple peaced!!!"
by TriplePeaceKing August 28, 2022

Zac: hahaha that was awesome. But I gotta go, I'll see you tomorrow.
Santiago: Alright bro, peace late.
Santiago: Alright bro, peace late.
by zzil January 3, 2010

by Highly Evolved March 28, 2005

Janelle (exiting bathroom)--Wow, I feel great! World Peace!
Pam: Oh, you're so lucky...maybe I should eat more vegetables...
Pam: Oh, you're so lucky...maybe I should eat more vegetables...
by sfyaw February 21, 2009

Toking up with people , selling marijuana. You are distributing the peace because weed makes people negotiate and come to peace with each other.
Ex1 - OFFICER: Sir, you are charged with distribution of marijuana
DUDE: what? No man, i was distributing the peace!
Ex2 - MOM: Son, were you smoking with those kids up the block?
SON: No , i was distributing the peace with some colleagues.
DUDE: what? No man, i was distributing the peace!
Ex2 - MOM: Son, were you smoking with those kids up the block?
SON: No , i was distributing the peace with some colleagues.
by Jointabalaballala August 4, 2010

by Nomumhopeless November 21, 2016

The generic farewell of younger drug dealers, from punks to thugs and every niche in between. Is usually grossly mispronounced, making it sound much like 'paayse', 'puhayse'
Johnny cut the dealer peace short with the door and booked it, he needed to be somewhere he could find a sponge - and fast.
by karma March 28, 2007
