look up any word, like fleek:
 
1.
any hug in which a girl places ur dick in between her boobs and puts her arms around you in a fashion similar to a tit fuck, but hands free hence the "hug"
boy-"Brittany, im feelin down, i cud really use a penis hug right about now"
girl-"want me to use my boobs or my booty?"
boy-"wow....both?"
by riotross September 02, 2009
 
2.
Where two girls put their crotches together and make the thumbs up sign. Usually done while bored and or intoxicated. No its not a crotch hug, it is a penis hug.
Girl: Hey buddy!
Friend: Hey best friend!
*penis hug*
Girl: See you around!
by JakePwnsMwhaha April 07, 2011