Green’s Dictionary of Slang

peel v.

1. [mid-19C+] to extract money from a wallet surreptitiously.

2. [1960s+] (US Und.) to break into a safe.

3. [1980s] (also peel a can) to drink.

4. [2000s] to rob someone of their valuables.

5. see peel rubber under rubber n.2

SE in slang uses

In derivatives

peeled (adj.)

1. [mid-16C] with a shaven head.

2. [19C+] naked.

3. [2000s] (S.Afr. gay) circumcised.

peeler (n.)

[1940s–50s] (US) a striptease or burlesque artist.

In compounds

peeled egg (n.)

[20C+] (Ulster) anything easy or simple.

peel-head (adj.) (also peely)

[1920s+] (W.I.) bald, esp. as a description of certain species of chickens or vultures.

In phrases

peel a can (v.)

see sense 3 above.

peel a fine green banana (v.) [banana n. (3a)]

[1940s] (US black) to seduce an attractive, light-skinned woman.

peel caps (v.) (also peel a cap, ...someone’s cap, peal...) [lit. ‘to peel the flesh from someone’s skull’]

[1980s+] (US black/teen) to attack violently; to kill.

peel it (v.) [var. on SE peel off]

[mid-19C] (US) to run at full speed.

peel off a mass (v.) [W.I./UK black teen mass money]

[1990s+] (W.I./UK black teen) to hand out money.

peel one’s (best) end (v.) [the sliding back of the foreskin]

[late 19C–1910s] to enter a woman’s vagina.

peel someone’s knob (v.) [knob n. (1a)]

[1930s] (US) to beat someone up.

peel someone’s potatoes (v.) [i.e. to ‘peel’ someone’s testicles]

[2000s] (US black) to beat up, to harm badly.

peel the bark (v.) [bark n.1 (1)]

[mid-19C] in boxing, to draw blood.