When the penis is soft, the dick collar is the loose skin that bunches up around the base of the head, or neck, of the penis.
Thus creating a collar-like appearance around the base of the head.
I met this chick that was obsessed with anal. It was the only way she could get off. In fact, it went pretty well until I pulled out one time and had a collard green dick.
I don't buy the schmegegge about Morty sleeping with Moira.
His version of the story was pure schmegegge.
The whole schmegegge was made up to get Liz a little bit of attention.
Looking or experiencing something nice after witnessing something horrid like a disgusting gif or a disturbing video. Typically used as eye bleach are nice images of whatever makes the disturbed person happy.