A diminutive imp-like being of supposed British/Saxon origin. It is believed to attack the male genetalia of a target after being set out upon a curse. It tends to castrate it's victims and remove their genetalia much like an evil tooth-fairy. Can be found in the homes of many people who have gained them through misdeeds against Computer Geniuses and/or Message Board Members.
You, sir, are a Penis Goblin.
by Morphine Child January 20, 2004
by TheDefinitionOfAwesome September 16, 2010