LPEG

Noun/Adjective: A low powered electric gun.

Noun: A term using in airsoft for a budget / low powered replicas.

Adjective: An airsofters insult to one each other, typically to mock their intelligence.

"You like my new gun? Got it at Wal-Mart."

"Bro that's an LPEG."

-sees person blindfire-
"YOU FUCKIN' LPEG"