Top Definition
Neon pegasus is a neon coloured pegasus that features is the parry gripp song neon pegasus. To be called a neon pegasus is an honour.

Neon - Adjective
Pegasus- Noun
"You're such a neon pegasus!" = Honour
" You're such a ordinary pegasus!" = Bad
by emilym417 November 05, 2013
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