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2 definitions by Fake Pete

 
1.
When your asshole is so destroyed from over-penetration that it has big dangling lips.
"I can pick dimes up off the sidewalk with my ass lips."
by Fake Pete November 04, 2006
 
2.
When one pulls their pants up to have the waistband even with one's nipples. This is a particularly unattractive method of pants-wearing and common in old people, and idiots. Nipple pants are also usually accompanied by moose knuckles, due to the high tension of the pants.
"Check out that old dude's nipple pants."

by Fake Pete November 25, 2006