Baby talk for the male genitals.
Jason,Georgie,Jamie,Tommy,and Patrick all had small peepees when they were little.
Another way to say penis; Normally said by people who don't feel comfortable saying the word penis.
Me: Peepee
5 Yr old Niggas: XD
The yellow that comes out your male wiener
Hey bro what's that
That's my PeePee
u.
mom: did you hear abot the peepee killer
kyle: of course i had because... i am him