Talking a pee and a poo at the same time. Combination of the two words is "pew."
1.
Jill: Boys, move over, make some room for Al.
Al: Oh, it's no problem, i'll just take a pew behind you.
Tim: most of us use a toilet, Al.
2.
Be back in a few minutes, just need to take a pew.
Used often by Brits in different contexts, look at the other definitions posted by others.
Also used by Canadians and Americans, sort of as a way of saying "Thank you and have a nice day" or can just be used as "see ya" or "Thanks."
Server at a store or restaurant: "Here's the *product* you asked for. Anything else?"
Customer: "No, that's all, thanks."
Server: "Cheers."
Customer: *leaves*
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