When you're totally frustrated with someone or something, particularly when it relates to the work environment and the legion of jack asses that share cubicle space with you.
Ex: "That dumb broad took the last cup of coffee. I am so fuckin' peanked. Now I won't have the energy to work and I'll be forced to download card games the rest of the day."
by Emily1013 October 6, 2006
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To play a prank on someone where the penis is the brunt of the joke, or where the penis led the individual into the position of being pranked.
Person #1: "Did you hookup with that fly honey I saw grinding in you last night?"

Person #2: "Nah, she just gave me a boner and then jumped around, pointed and yelled 'HAHAHAHA Hey look at this guy with the boner chilling like a regular guy'!"
Person #1: "That chick knows how to peank, for sure"

The dude thought he was gonna have a threesome but he was just being peanked.
by LankAsif October 26, 2018
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