Etymology
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peachy (adj.)

1590s, "resembling a peach" in color, texture, or some other way, from peach (n.) + -y (2). Slang sense of "attractive" attested by 1900. Extended form peachy-keen recorded from 1953. Related: Peachiness.

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Definitions of peachy

peachy (adj.)
very good;
Synonyms: bang-up / bully / corking / cracking / dandy / great / groovy / keen / neat / nifty / not bad / slap-up / swell / smashing / old
peachy (adj.)
of something resembling a peach in color;
Synonyms: peachy-colored / peachy-coloured
From wordnet.princeton.edu