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/Sounds like the English word "pist" + "EH" (as in "egg") + "oh" (as in "oh")/

Meaning

A drinking session with friends, whether at someone's house, a bar, or literally anywhere. In Mexico, pisteo is the classic weekend plan that starts with "just one beer" and ends at 6 AM. It comes from "pistear," which means to drink alcohol socially, and it's one of those words that instantly signals a fun night ahead.

Examples

Is there a drinking sesh today or what? I need to de-stress already.

Saturday's drinking session got really good, we made it to six in the morning.

Word family
Regional synonyms
Bandera de Perú
Bandera de México
Bandera de Bolivia
Bandera de Ecuador
Chelear

In Argentina, Uruguay, and Chile, to be far inferior to someone or something in quality, level, or ability. Used to say someone does not even come close to the standard being compared against.