The term 'PEEPS' can refer to a few different things. The first is 'BROS', which is an abbreviation for brothers, or two or more people who share a close bond. The second is 'PALS', which is another word for friends, or people who enjoy spending time together. Lastly, 'CHIRPS' is a sound made by birds, and can also be used to describe a short, lighthearted conversation between two people. All of these words are related to the term 'PEEPS', as they all refer to relationships between people.