Peak

Term of increasing popularity amongst the urban youth of Londinium, it often comes accompanied with hand gestures replicating the peak of a mountain.

It can refer to an excellent or top quality situation/object/event/person. (1)

Curiously, it can also refer to a very negative situation. (2)

1) Oh man that rave was ^peeeeaak^!!!

2) Dude, your girl is giving you bare shit nowadays, that's peak.

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