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Decorating your penis with swaroski crystals so as to give it a bejeweled look.
He decided to pejazzle his family jewels to enhance her pleasure.
by Big Mike 721 April 18, 2010
Decorating your jizz stick to make it look snazzy
Person #1: 'Want a pejazzle?'
Person #2: ' Nah, I'm not Sam Day'
by GPINIT November 26, 2011