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To take off a condom during sex.
Sam: Hey, when are you and Sarah going to have a baby?
Ben: I don't know. But all she has to do is peel the banana.
by Wedon June 11, 2015
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Pulling back the foreskin of an uncircumcised man's penis
Q: Hey do you know if Jake is jewish?
A: Naw, I looked over his shoulder at the urinal the other day, and saw him peel the banana
by Truth on Toast March 06, 2014
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To share secret information about an intriguing story, affair, or otherwise devious engagement.
Erin: So just peel the banana already! I want to hear all the juicy details of your hookup last night!?!
Jane: Okay... So it all started with Taco Tuesday at his place....
by No Big Dealz January 11, 2015
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