Peepsi 

A joke term commonly coined for the 2023 limited edition Peep-flavored Pepsi.

Yo Michael, I just got some of that Peepsi from Dollar General, let's see how good it is!

Peepsi by inaccuratelyfactual April 7, 2023

Crystal Pepsi 

A clear version of Pepsi from the early 90's. It was discontinued, but it is now back for a limited time, thanks to LA Beast.

Did you hear that Crystal Pepsi is back for a limited time?

Crystal Pepsi by whatadickhead August 22, 2016

Pepsi Freeze

A pepsi freeze is similar to a slushy, BUT way better because it is more frozen and doesn't turn to liquid in two seconds. They are only found in Clovis, CA at the Shell station that used to be a Texaco. It is called a pepsi freeze, but there is the Dr. Pepper and blue raspberry flavor as well. Quite possibly the greatest thing created.

Guy 1: "Man, it is so hot out today"

Guy 2:"I know, I could really go for a PEPSI FREEZE'

Pepsi Freeze by Schroe January 22, 2011

Pepsi Party

What underage individuals have when there is no access to alcoholic beverages due to adult presence. Especially at employee Christmas parties.

{Matt walks in to room with a beer in hand and notices two young boys drinking Coca-Cola}
Matt: What are you guys having a little Pepsi Party over here??

{All other adults laugh hysterically}
{Young boys hang heads in shame}

Pepsi Party by Jamal Rakens July 26, 2012

Pionel Pepsi 

Washed up pen merchant that is said to have haunted relegation clubs like Eibar and Mallorca. Currently farming in the Uber Eats league but is finished and only has 2 goals this season. Known to ghost on big game occasions such as his missed penalty against Chile in the Copa America 2016 final and in the 2014 World Cup final against Germany. Finished player who played for a finished club for most of his career. He is most recently found missing pens in the champions league against Real Madrid.

Me: Grandpa, who is Pionel Pepsi?

Grandfather: Never speak of his name again - he is a washed up dwarf pen merchant who only scores against shite teams like Bolivia and Eibar

Pionel Pepsi by FuckRuiCosta February 21, 2022

Pepsi 

Adj. Dead. Turn the Pepsi logo upside down and it reads as "isded". Has become synonymous with "dieded" on 9gag.

After witnessing a horrific car crash video, many commenters asked, "Pepsi?"

Pepsi by PCNewInTown May 19, 2021

Crystal Pepsi 

A now extinct beverage offered by the pepsi corporation in the early 90's that was delicious. Came in flavors of regular, diet and citrus.

Crystal Pepsi - where did we go wrong???

Crystal Pepsi by JenThe80'sFan October 18, 2003