PEACE AND CARATS Share definition Flag A prison term used to describe the post orgasmic feeling of oral-to-anal sex. A state of anal euphoria. "Got my salad tossed...I'm gonna lay back and enjoy the fine feeling of peace and carats" PEACE AND CARATS by Julia Mendoza October 9, 2003 0 0 Get merch Get the PEACE AND CARATS mug. Buy Now — $32.95 See more merch