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1.
A slang term used for the underside of a male's penis.
"His pedge was as smooth as a ducks bottom" said Maureen.

"Really?!" said Jill...

"I wish our Frank's pedge was smooth, but he ends up giving me cramp every time he goes up the cave"

"get yourself a new man, a man with a rough pedge is a man not worth knowing" finished Maureen.
by Liam Fairclough August 15, 2005
 
2.
A Pussy-Wedge. Also more commonly known as a camel toe.
That girl's so big her pedge hangs half-way down her thigh.
by Jane Dougherty August 18, 2009