look up any word, like fellated:
 
1.
Water Type Pokemon; Loves being with Daney; Eats Alot of Junk Food
Wow thats alot of food, What a pengo
by Pengo Master November 21, 2010
 
2.
right; of course; hello; goodby; very good
Hy my brother! - Pengo!
Are You going to the crazy party? - Pengo!
What do you think about this boobs? - Pengo!
by Johnny Pengo February 09, 2007