Typically a car, watch, or other jewelry. Occasionally it may be defined as a 24 karat gold plated penis stretcher, that literally pulls and stretches the penis to increase its size. Its really like a traction device for the neck but its actually for your penis.
You can see the X4 Labs Penis Extender for information on this gold plated penis enlargement tool.
The action of sticking a hook through your penis and attaching it to the bull bar of a car. You then walk backwards until your penis gets extended by about 10 inches. Once finished this process DO NOT detach the hook.
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).