What is Peeling It?
1.
1) to be slacking off or doing absolutely nothing; being a slacker
2) to masturbate
from the Spanish: Se la esta pelando. (He is peeling it.)
Person 1: Man, just look at T-Rex. He's been sitting there all day just peeling it!
Person 2: No kidding! I wish I had a job like that!
See
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To either purchase or be fronted drugs to sell for profits
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A group of freestylers who flow about anything. Usually happens when you're in a boring room.
Last week me and my homeboys had a f..